Inventurus Knowledge Solutions block deal: Norges Bank buys 34 lakh shares worth Rs 652 crore

economictimes.indiatimes.com:

Inventurus Knowledge Solutions (IKS) shares, which made debut on the exchanges today (Thursday, December 19), saw block deals where Norway-based Norges Bank bought over 34 lakh shares worth Rs 652 crore.

Norges Bank bought shares via Norges Bank on Account of The Government Pension Fund Global in two tranches of 16.59 lakh and 17.50 lakh shares at a price of Rs 1,923.92 apiece and Rs 1,899.67 per share, respectively.

IKS stock was listed at Rs 1,900 on the bourses — a 43% premium over the issue price of Rs 1,329.

Its shares on Thursday ended at Rs 2,030 on the NSE, gaining by Rs 130 or 6.84% over the listing price.

Also Read: Year-ender 2024: Zaggle, Oracle and 5 other SMIDs rule IT sector in CY24 with up to 150% returns. How about 2025?

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