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Clean Max defies market fall, rises 5% after 8.6mn shares trade in block
- 8.6 million shares changed hands in a single block; Clean Max rose 5%
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CLEANMAX
Clean Max Enviro Energy Solutions Limited · ₹1,393.4 +0.6% on 25 Sept · 1M +17.9% · 3M +7.1% · 6 stories in 60 days · 0 positive · 2 negative
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Price and news
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Clean Max shares see a ₹1,199 crore block deal amid volatile trading
- Clean Max shares worth ₹1,199 crore changed hands in a block deal
- Shares opened at ₹1,301, down 6.6%, then erased losses and jumped 4.2%
- Promoter entities held 49.42% at the end of the June quarter
- Block-deal activity and price swings put Clean Max shareholders in focus
Deal▼
Block deal alert! Clean Max shares in focus as Augment India likely to sell stake worth Rs 1,063 crore
- Augment India Holdings is reportedly seeking to sell a 7.25% Clean Max stake
- The proposed block deal is worth ₹1,063 crore
- A large secondary sale may pressure Clean Max shares and increase available float
Stocks in news: Adani Power, SAIL, BCCL, SAIL, Cupid and CleanMax Enviro
- Indian equity benchmarks rose on Friday
- Volatility in crude oil and bond yields affected investor sentiment
Deal▼
Augment India may sell 85 lakh Clean Max Enviro shares for ₹1,063 crore
- The proposed sale covers 85 lakh shares, or a 7.25% stake, at ₹1,250 each
- Clean Max Enviro shares closed at ₹1,392.55, up 0.54% on the BSE
- The block sale may weigh on Clean Max Enviro shares as investors absorb additional supply