UBS Group AG sells shares of 7 companies worth Rs 4,961 crore

Swiss financial services company UBS Group AG on Friday sold shares of seven companies, including Oil India and Dixon Technologies (India), for Rs 4,961 crore via open market transactions.

Zurich-based UBS Group AG through its affiliate UBS Principal Capital Asia offloaded shares of seven companies through separate bulk deals on the National Stock Exchange (NSE).

According to the bulk deal data available on the NSE, UBS Principal Capital Asia offlloaded shares of Oil India worth Rs 972 crore, sold shares of Dixon Technologies India for Rs 904 crore, disposed of shares of Rail Vikas Nigam Ltd for Rs 797 crore.

UBS Principal Capital Asia also sold shares of Zydus Lifesciences for Rs 756 crore, disposed of scrips of Vodafone Idea, Oracle Financial Services Software and Prestige Estates Projects for a combined value of Rs 1,531 crore on the NSE.

Meanwhile, Copthall Mauritius Investment offloaded 20.92 lakh shares of Prestige Estate for Rs 378 crore.

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