Premier Energies shares rise after ₹2,055 cr block deal
after close1 source ↓written by the desknot a recommendation
- following
- 3%
- block deal involving
- ₹2,055 cr
- 4.7 equity
- 2.15 crore shares
- during the session
- ₹1,005.10
Shares of Premier Energies Ltd surged 3% following a ₹2,055 cr block deal involving 2.15 crore shares (4.7% equity). The transaction has sparked strong interest, indicating a potential promoter-led stake sale and significant accumulation by institutional investors, including FIIs and mutual funds. The stock reached a high of ₹1,005.10 during the session.
Not investment advice. For informational purposes only.