Stock to watch: Vodafone Idea shares in focus on Monday after Goldman Sachs buys stake from Nokia
Stock to watch: Nokia Solutions and Networks India on Friday, April 25, divested nearly one per cent stake in debt-ridden telecom operator Vodafone Idea for ₹786 crore through an open market transaction. According to the bulk deal data on NSE, Nokia Solutions and Networks India sold 102.70 crore shares, amounting to a 0.95 per cent stake in Vodafone Idea. The shares were sold at an average price of ₹7.65 apiece, taking the aggregate value to ₹785.67 crore.
NSE bulk deal data also showed global investment firm Goldman Sachs picked up 59.86 crore shares or 0.55 per cent holding in Vodafone Idea. The shares were acquired at the same price.