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UTI Mutual Fund buys nearly 15 lakh shares of MCX for Rs 425 crore
UTI Mutual Fund has significantly boosted its stake in MCX, acquiring nearly 15 lakh shares for a substantial Rs 425 crore via an open market deal. This move comes as MCX reported a remarkable surge in its March quarter profits, nearly quadrupling to Rs 530 crore and tripling revenue. The commodity exchange, a dominant player with over 98% market share, saw its shares dip slightly following the transaction.
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economictimes.indiatimes.com
UTI Mutual Fund buys nearly 15 lakh shares of MCX for Rs 425 crore
UTI Mutual Fund has significantly boosted its stake in MCX, acquiring nearly 15 lakh shares for a substantial Rs 425 crore via an open market deal. This move comes as MCX reported…
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thehindubusinessline.com
UTI Mutual Fund buys nearly 15 lakh shares of MCX for ₹425 crore
UTI Mutual Fund purchases 15 lakh MCX shares for ₹425 crore, enhancing its stake in the commodity exchange market.