Lavender Investments Buys Torrent Pharma Stake Worth ₹133 Crore

Foreign investor Lavender Investments today sold 9 lakh shares of drug firm Torrent Pharmaceuticals for nearly ₹133 crore through an open market transaction. According to the bulk deal data available with the BSE, the foreign investor disposed of 9.01 lakh shares, amounting to 0.53 percent stake in the drug firm. The shares were disposed of at an average price of ₹1475.08, translating into a transaction of ₹132.94 crore, the data showed. – Money Control