Capital Small Finance Bank share price will be in focus on Wednesday after a significant block deal in the stock.
Oman India Joint Investment Fund II (OIJIF II), a private equity investment firm promoted by the sovereign wealth fund of the Sultanate of Oman and State Bank of India, sold 13,62,563 equity shares of Capital Small Finance Bank, representing a 3.65% stake in the company, through a block deal on the National Stock Exchange on June 9.
The fund sold Capital Small Finance Bank shares at ₹270 apiece, taking the total transaction value to approximately ₹36.79 crore.
Meanwhile, Lyptus Punch-Card Fund was the buyer of Capital Small Finance Bank shares sold by OIJIF II, NSE block deal data showed.
The block deal was executed at a 1.11% discount to Capital Small Finance Bank’s closing price on Tuesday. Capital Small Finance Bank share price ended 1.81% higher at ₹273.05 apiece on the NSE.
Capital Small Finance Bank Share Price Performance
Capital Small Finance Bank share price has fallen 7.5% in one month, and has rallied 10% in three months. The smallcap stock has gained just 2% in six months, while it has declined 10% in one year and has dropped 20% in two years.
On Tuesday, Capital Small Finance Bank share price ended 1.39% higher at ₹273.10 apiece on the BSE.
Source: Mint