{"id":356704,"date":"2020-06-11T11:07:16","date_gmt":"2020-06-11T05:37:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=356704"},"modified":"2020-06-11T11:07:16","modified_gmt":"2020-06-11T05:37:16","slug":"rec-shares-gain-4-as-ubs-principal-capital-asia-buys-stake-in-company","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rec-shares-gain-4-as-ubs-principal-capital-asia-buys-stake-in-company\/","title":{"rendered":"REC shares gain 4% as UBS Principal Capital Asia buys stake in company"},"content":{"rendered":"<p>MUMBAI: Shares of REC Ltd closed 4% higher on Wednesday after UBS Principal Capital Asia bought 1.11% stake in the company via bulk deal on Tuesday. The share had gained as much as 5% intraday.<\/p>\n<p>The shares closed at \u20b9100.80. The benchmark index Sensex gained around 1% to close at 34247.05.<\/p>\n<p>On Tuesday, UBS Principal Capital Asia purchased 22 million equity shares, or 1.11% equity, of REC at an average price of \u20b9102.25 per share via bulk deal on the BSE.<\/p>\n<p>Eastspring Investments &#8212; developed and emerging Asia &#8212; sold 13.3 million equity shares, or 0.67% equity, in REC at an average price of \u20b9102.25 via bulk deal on BSE. It held 1.03% stake in REC as on 31 March.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Shares of REC Ltd closed 4% higher on Wednesday after UBS Principal Capital Asia bought 1.11% stake in the company via bulk deal on Tuesday. The share had gained as much as 5% intraday. The shares closed at \u20b9100.80. The benchmark index Sensex gained around 1% to close at 34247.05. On Tuesday, UBS Principal Capital Asia purchased 22 million equity shares, or 1.11% equity, of REC at an average price of \u20b9102.25 per share via bulk deal on the BSE. Eastspring Investments &#8212; developed and emerging Asia &#8212; sold 13.3 million equity shares, or 0.67% equity, in REC at [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-356704","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/356704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=356704"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/356704\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=356704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=356704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=356704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}