Ratnakar Bank today offloaded 1.4 lakh shares of domestic pharma player Elder Pharmaceuticals for nearly Rs 5 crore.
According to information available with the stock exchanges, the Maharashtra based bank sold 1.4 lakh shares of Elder Pharma through open market transaction.
The shares were purchased on an average price of Rs 320.65 valuing the transaction to Rs 4.48 crore, it added.
In a separate bulk deal, foreign fund house Morgan Stanley Mauritius Company Ltd shed 2,93,008 shares of IT training major Aptech Ltd in a transaction worth Rs 1.7 crore.
However, the buyer of shares in these transactions could not be ascertained.
At the BSE, shares of Elder Pharma jumped by 12.48 per cent to settle at Rs 311.65, while that of Aptech Ltd rose 3.27 to close at Rs 57.