Capri Global Capital: Institutional Block Deal

BNP Paribas has bought shares worth over Rs 54 crore in Capri Global Capital through a block deal. The shares were purchased from Morgan Stanley in the open market. Around 30.78 lakh shares were acquired at approximately Rs 176 per share, representing about 0.3% stake in the company. Following the transaction, the stock gained around 3% and traded near Rs 178, breaking its recent three-day decline. Such institutional block deals usually indicate portfolio reshuffling by large global investors. The positive price reaction suggests improved investor sentiment and growing institutional interest in the NBFC space.