Abu Dhabi Investment buys Aurobindo shares worth Rs 99 cr - Moneycontrol.com

Abu Dhabi Investment buys Aurobindo shares worth Rs 99 cr - Moneycontrol.com:



"Abu Dhabi Investment Authority - Gulab has picked up a 0.5 percent stake (worth Rs 99 crore) in  Aurobindo Pharma  through a block deal on the National Stock Exchange on Friday.



Abu Dhabi Investment bought 14,75,687 equity shares at Rs 670.51 apiece while Morgan Stanley Asia Singapore Pte offloaded 0.6 percent stake ( out of 1.6 percent stake as of March 2014 ) in healthcare company.



Morgan Stanley sold 17,32,500 equity shares at Rs 669.92 apiece.



On Friday, Aurobindo Pharma stock closed at Rs 669.80, up 5.14 percent after hitting a record high of Rs 679.80. Market capitalisation of the company currently stands at Rs 19,521.79 crore."



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