Quant Mutual Fund on Friday sold shares of HEG for ₹421 crore through open market transactions.
A total of 18.62 lakh shares of HEG were sold by Quant Mutual Fund (MF) through two separate bulk deals on the BSE and NSE.
As per the data, Quant MF offloaded 9.5 lakh shares of HEG (Hindustan Electro Graphites) on the BSE and disposed of 9.12 lakh scrips on the NSE.
The shares were sold at an average price of ₹2,260 per piece on both the bourses, taking the deal value to ₹420.86 crore.
Details of the buyers of HEG shares could not be ascertained.
The scrip of HEG rose 0.73 per cent to close at ₹2,264.30 apiece on the BSE, while company's shares gained 0.58 per cent to settle at ₹2,261.50 per piece on the NSE.
In a separate bulk deal on the NSE, Premji Invest offloaded 29.41 lakh shares of Medplus Health Services for ₹200 crore through an open market transaction.
Premji Invest through its affiliate PI Opportunities Fund - I sold shares of Medplus Health Services.
As per the data on the exchange, PI Opportunities Fund - I disposed of shares of Medplus at an average price of ₹680, taking the deal value to ₹199.99 crore.
Details of the buyers of Medplus shares could not be identified.
On Friday, shares of Medplus Health Services slipped 2.88 per cent to end at ₹670 apiece on the NSE.