HDFC Mutual Fund sold five per cent stake in packaging firm Huhtamaki PPL Ltd (HPPL) for nearly Rs 87 crore through an open market transaction.
According to the bulk deal data available with BSE, the fund house offloaded 37,80,725 shares, or 5 per cent stake, in the packaging firm.
The shares were disposed of at an average price Rs 230 apiece, valuing the transaction at Rs 86.96 crore, as per the data.