SBI Mutual Fund buys Alkem Laboratories shares for Rs 300 crore

SBI Mutual Fund Raises Alkem Stake with ₹300 Cr Buy.

Expert Analysis :

• SBI MF Investment: SBI Mutual Fund bought additional Alkem Laboratories shares for ₹300 crore via an open market transaction on 21 Feb 2025.

• Block Deal Details: SBI Mutual Fund acquired 6.41 lakh shares (0.54% stake) in Alkem Laboratories, as per NSE block deal data.

• Stake & Price Details: SBI Mutual Fund bought shares at an average price of ₹4,680, raising its stake in Alkem from 2.16% to 2.7%, with a total transaction value of ₹300.32 crore.

• Promoter Offloading: Samprada and Nanhamati Singh Family Trust (Alkem promoters) sold the same 6.41 lakh shares, as per NSE data.

• Stock Decline: Alkem Laboratories’ stock fell 2.54%, closing at ₹4,600.05 on the NSE on Friday.