On Friday, BNP Paribas Arbitrage bought 6.5 lakh shares of Venus Pipes & Tubes for Rs 42 crore in an open-market deal. According to block trade data provided by the BSE, BNP Paribas Arbitrage bought 6.5 lakh shares, representing a 3.2% stake in the company.

The shares were acquired at an average price of Rs 650 per share, bringing the deal value to Rs 42.25 crore. On Friday, Hemant Rajanikant Shah sold the same number of shares at the same price. Shares of Venus Pipes & Tubes closed 1.55% at Rs 661.25 per share on the BSE.