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2.5 million shares of Hikal Ltd. have been sold by Smallcap World Fund for Rs. 62 crores

On Wednesday, Smallcap World Fund Inc sold 25 lakh shares of Hikal Ltd for more than Rs 62 crore in an open market transaction.

June 30, 2022 10:00 IST | India Infoline News Service

On June 29, 2022, Smallcap World Fund Inc. sold 25 lakh shares of the life sciences company Hikal Ltd. for more than Rs 62 crore in an open market transaction.

According to the National Stock Exchange's (NSE) bulk deal statistics, Smallcap World Fund sold 25,00,000 shares at an average price of Rs 249.02 per, valued at Rs 62.25 crore.

Smallcap World Fund has a 3.47 percent interest in the business as of March 2022. On the BSE, shares of Hikal Ltd are down by more than 4% today.


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