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Deal● Neutral for Clean Max Enviro Energy Solutions
Clean Max shares see a ₹1,199 crore block deal amid volatile trading
The brief
- 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
- Block deal alert! Clean Max shares in focus as Augment India likely to sell stake worth Rs 1,063 crore
- GIFT Nifty down 81 points; Clean Max, SAIL, Aequs, Signatureglobal, PCJ among top stocks in focus
- Stocks to Watch Today: Fortis Healthcare, Unichem Labs, Clean Max Enviro, Prestige Estates, Signature Global, Aequs, Robokidz Eduventures in focus on 28 September
- Stocks in news: Adani Power, SAIL, BCCL, SAIL, Cupid and CleanMax Enviro
Clean Max Enviro stake sale and block deal
Augment India proposed selling 85 lakh Clean Max Enviro shares, a 7.25% stake, at ₹1,250 apiece, for about ₹1,063 crore. A later report said Clean Max shares worth ₹1,199 crore changed hands in a block deal.
Monday, 28 September
- Clean Max shares see a ₹1,199 crore block deal amid volatile trading