Business · Updated 13 Oct, 01:38 am IST
Qualcomm affiliate sells Shadowfax shares worth ₹157.3 crore
Why it matters for readers: It explains why you might see big, single trades in a company’s stock and how they reflect investor behavior.
- Qualcomm Asia Pacific Pte Ltd sold 57.1 lakh Shadowfax shares for ₹157.3 crore at ₹275.3 apiece.1
- The transaction price represented a discount of 6.6% to the stock’s last closing price on the day of the deal.1
- Qualcomm Asia Pacific owned a 2.26% stake (1.32 crore shares) in Shadowfax at end-June 2026 and had earlier sold 75 lakh shares worth ₹183.9 crore in August.1
- Private equity firm TPG has also sold Shadowfax shares worth over ₹700 crore across multiple bulk deals since August.1
- Shadowfax reported strong operating performance with Q1 FY27 net profit rising eightfold to ₹65.4 crore and operating revenue up 65% year‑on‑year to ₹1,358 crore.1
Get a brief like this every morning
Uzha reads hundreds of sources and gives you the stories that matter for your work, with every source linked. Free.
Get started