Sunil Bhatia, the Chief Executive Officer & Managing Director of Blue Star Infotech Ltd (NSE:BLUESTINFO) has sold 3,86,740 shares worth of Rs. 9,47,51,300 in a bulk deal in the National Stock Exchange. As per shareholding data dated on Sep 2015, Sunil was having 7,24,549 shares in Blue Star Infotech Ltd.
It is believed that he has sold 1,94,149 shares worth of Rs. 4,75,66,505.00 to Scotland based THE SCOTTISH ORIENTAL SMALLER COMPANIES TRUST PLC and another 1,92,843 worth of Rs. 4,72,46,535.00 to FIRST STATE INDIAN SUBCONTINENT FUND.
On Thursday the stock has closed at 250, it went up by 4.41%. Overall it had volume of 4,55,588 in NSE.
Blue Star Infotech Limited is an India-based company, which is engaged in providing technology, consulting and outsourcing services. The Company offers outsourced product development (OPD), digital transformation, package implementation, application development, business intelligence and analytics, maintenance and testing services