HDFC Mutual Fund buys Sundaram Fasteners shares for Rs 137 cr

HDFC Mutual Fund buys Sundaram Fasteners shares for Rs 137 cr

HDFC Mutual Fund buys Sundaram Fasteners shares for Rs 137 cr

HDFC Mutual Fund Buys Sundaram Fasteners Shares For Rs 137 Crore

HDFC Mutual Fund on Friday bought shares of auto components supplier Sundram Fasteners for Rs 137 crore through an open market transaction. According to the bulk deal data on the BSE, HDFC Mutual Fund purchased 13.70 lakh shares or 0.65% stake in Sundram Fasteners, at an average price of Rs 1,000 apiece. This took the deal value to Rs 137.02 crore. After the stake buy, HDFC Mutual Fund's holding in Chennai-based Sundaram Fasteners rose to 5.02% …