Washington State Investment Board buys Rs 59 crore worth Mahanagar Gas shares; Motilal Oswal MF picks up 0.5% stake in Apollo Micro Systems
Washington State Investment Board buys Rs 59 crore worth Mahanagar Gas shares; Motilal Oswal MF picks up 0.5% stake in Apollo Micro Systems
Washington State Investment Board, which established by Washington State Legislature for managing investments for several retirement plans, has acquired over 0.6 percent equity stake in Mahanagar Gas via open market transactions on March 27.
Mahanagar Gas shares closed 0.17 percent higher at Rs 940.3 amid high volumes on the BSE, extending uptrend for third consecutive session especially after hitting the lowest level since March 2023.
Washington State Investment Board has bought 6.17 lakh shares (equivalent to 0.62 percent of paid-up equity) in Mahanagar Gas, the natural gas distribution company, for Rs 58.7 crore. The buying price was Rs 950.42 per share.(