Orient Electric shares surge 15% post BlackRock ETF sale
after close1 source ↓written by the desknot a recommendation
- to a high
- 15.5%
- on the NSE
- ₹192
- 0.59 stake
- 12,63,276 shares
- average price
- ₹164.45
Shares of Orient Electric jumped 15.5% to a high of ₹192 on the NSE following a bulk sale by the iShares Core MSCI Emerging Markets ETF, which offloaded 12,63,276 shares (0.59% stake) at an average price of ₹164.45. This rally indicates strong market interest despite the ETF's divestment.
The significant price movement may attract further investor attention, potentially boosting sentiment around the stock.
Not investment advice. For informational purposes only.