Parag Milk Foods saw bulk deals yesterday. There were two sellers and one buyer. Copthall Mauritius Investment sold 4,96,200 shares at Rs.253/share. Macquarie Emerging Markets Asian Trading Pte sold 19,83,352 shares at Rs 253.85/share. So totally 24,79,552 shares were sold yesterday.

The buyer was – the former India honcho of Societe Generale Securities Madhav Bhatkulymanaged  New Horizon Opportunities Master Fund. It first bought entire 19,83,352 shares from Macquire  and then entire shares from Copthall.

Following these fund dealings, the stock price is up in the green today. The stock price rose 3% to Rs.267 and remains firmly in the positive. Its 52-week high is at Rs.356.70.