India's Electronics Mart gains on block deals

Electronics Mart India

16/08/2024 07:20

** Shares of Electronics Mart  ELEO.NS  rise about 3.5% to
238 rupees apiece
    ** Rise after 30.75 mln shares, representing about 8% of the
total stake of the consumer electronics products seller, change
hands in three blocks, according to LSEG data
    ** Block deals at a premium of 0.7%-2% over last close of
230.17 rupees apiece
    ** ELEO has gained about 17% in 2024 so far

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))