New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following firm has bought 9.4 lakh shares

    of cement manufacturer ACC Ltd for over Rs 215 crore through an open market transaction?
    A Morgan Stanlay Correct Answer Incorrect Answer
    B Adani Correct Answer Incorrect Answer
    C Reliance Correct Answer Incorrect Answer
    D HCL Correct Answer Incorrect Answer
    E Wipro Correct Answer Incorrect Answer

    Solution

    Morgan Stanley Asia bought 9.4 lakh shares of cement manufacturer ACC Ltd for over Rs 215 crore through an open market transaction. The shares were acquired at an average price of Rs 2,290 apiece, taking the transaction value to Rs 215.61 crore.

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