Small-cap pharma stock jumps 22% in two days after THESE bulk deals

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Small-cap pharma stock Balaxi Pharmaceuticals has surged over 22% in the last two session, following bulk deal transactions. On March 3, Ebisu Global Opportunities Fund Limited purchased 45.21 lakh shares (8.19%) for 53 each. Unico Global Opportunities Fund Limited bought 45.77 lakh shares (8.3%) at the same price of 53 per share, as reported by the official data from the exchanges. Conversely, MGC Fund Limited sold 45.21 lakh shares, which also amounts to 8.19%, while Elala India Opportunities Fund offloaded 45.77 lakh shares (8.3%) at 53 per share.

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