SmallCap World Fund bought shares worth more than Rs 960 crore in software firm Mastek Ltd in open market trading on Monday.

SmallCap World Fund Inc bought 5,49,676 shares, representing a 1.82% stake in the company, according to block trade data provided by the BSE.

The shares were bought at an average price of Rs 1,759.97 per share, taking the transaction value to Rs 96.74 crore. Meanwhile, Hornbill Orchid India Fund sold 4,29,086 shares of Mastek.

Shares of Mastek were down 1.52% at Rs 1,731.15 at the close on the BSE. In another deal, Elevation Capital V FII sold a stake in KDDL Ltd for more than Rs 30 crore in an open market transaction.

Elevation Capital V FII Holdings Ltd sold 3,60,000 shares, representing a 2.82% stake in the company, according to data provided by the National Stock Exchange (NSE). The shares were sold at an average price of Rs 850 per share, bringing the deal value to Rs 30.60 crore.

Capital One Partners and Axis Securities Ltd bought 2,00,000 and 1,10,000 shares in the company, respectively. According to exchange holdings data, Elevation Capital V FII Holdings held a 7.92% stake in the company as of June 2022.

KDDL shares were up 5.06% at Rs 920 at the close on NSE.