Manappuram Finance bulk deal
Goldman Sachs sold shares at Rs 291 apiece at par with the Wednesday closing price of Rs 291.65 on the BSE. The shares of Manappuram Finance today ended with gains of 1.8% at Rs 296.80.
Goldman Sachs held 1,53% equity accounting for 1.29 crore shares through its affiliate Goldman Sachs Bank Europe SE.
Goldman Sachs’ stake sale comes on the back of strong rally in the stock which has seen a 55% uptick in the past 12 months. This is a significant outperformance over benchmarks Nifty and the BSE Sensex, whose returns in the same period stand at 11% and 9%, respectively.
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The stock is currently trading above its 50-day and 200-day simple moving averages (SMAs) of Rs 293 and Rs 271, respectively, according to Trendlyne data.
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The Hong Kong-based financial services company held 76.20 lakh shares in the company through CLSA Global Markets Pte Ltd – ODI. This represents 5.20% stake as on December 31, 2025.
In today’s bulk deal, the shares were sold at a price of Rs 375.10 per share.
Sunteck Realty’s shares today ended at Rs 388.80, up by Rs 13.70 or 3.65% over the Wednesday closing price.
The buyers were Goldman Sachs Bank Europe SE and Morgan Stanley Asia (Singapore) PTE. While the former bought over 36.52 lakh shares, the latter purchased 35.09 lakh shares.
Sunteck Realty shares have plunged 18% in the past 12 months. They are trading below their 50-day and 200-day SMAs of Rs 409 and Rs 419, respectively, according to Trendlyne data.
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