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Goldman Sachs Buys Stake in JTL Industries and Sells in AceVector
M
Moneycontrol•07-10-2026, 21:50
Goldman Sachs Buys Stake in JTL Industries and Sells in AceVector
- •Goldman Sachs Investments Mauritius I purchased a 0.5 percent stake in JTL Industries for Rs 16.16 crore through an open market transaction.
- •Goldman Sachs Bank Europe SE offloaded a 0.59 percent stake in AceVector, the parent company of Snapdeal, for Rs 9.61 crore.
- •JTL Industries shares rallied 4.34 percent to close at Rs 88.20 following the high-volume transaction.
- •AceVector shares hit a 20 percent upper circuit to reach a new high of Rs 31.11 amid heavy trading volumes.
- •Oregano Life sold a 0.56 percent stake in Jeena Sikho Lifecare for Rs 29.35 crore, causing the stock to drop by 5.45 percent.
Key Questions Answered
Goldman Sachs acquired a 0.5% stake in JTL Industries, purchasing 19.71 lakh shares for Rs 16.16 crore through an open market transaction on October 7.
Goldman Sachs Bank Europe SE offloaded a 0.59% stake, equivalent to 32.17 lakh shares, in AceVector for Rs 9.61 crore at a selling price of Rs 29.88 per share.
Oregano Life offloaded 6.98 lakh shares, equivalent to 0.56% of paid-up equity, in Jeena Sikho Lifecare for Rs 29.35 crore at a price of Rs 420.28 per share.
