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Accel, 360 ONE Trim BlueStone Stakes in Rs 513 Crore Block Deal as Mutual Funds, Insurers Step In
Editorial Photo: Mumbai, India — Accel, 360 ONE Trim BlueStone Stakes in Rs 513 Crore Block Deal as Mutual Funds, Insurers Step InRDU Global Media

Accel, 360 ONE Trim BlueStone Stakes in Rs 513 Crore Block Deal as Mutual Funds, Insurers Step In

R

RDU Global Correspondent

Markets & IPOs Desk

Mumbai, India 4h ago•4 min read

Institutional investors Accel and 360 ONE sold nearly 62 lakh shares of BlueStone in a series of bulk and block deals on Tuesday, triggering a combined transaction value of about Rs 513 crore. The shares were largely absorbed by domestic mutual funds and insurance companies, even as BlueStone's stock fell 5.63% on the BSE to Rs 805.06 by the close.

Institutional investors Accel and 360 ONE sold nearly 62 lakh shares of BlueStone in a series of bulk and block deals on Tuesday, triggering a combined transaction value of about Rs 513 crore. The shares were largely absorbed by domestic mutual funds and insurance companies, even as BlueStone's stock fell 5.63% on the BSE to Rs 805.06 by the close.

Editorial & Verification Notice

Reported by RDU Global Correspondent. Formatted and verified using real-time institutional and journalistic wire feeds. Independent reporting adhering to the RDU Global Editorial Code of Conduct.

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