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The Economic Times
The Economic Times

Nomura Asset, Capital Group, others buy 5.3% stake in Premier Energies for Rs 2,291 cr

Premier Energies Capital Group

New Delhi: Global financial institutions, including Nomura Asset Management and Capital Group, have acquired a 5.3 per cent stake in renewable energy player Premier Energies from promoters for Rs 2,291 crore through open market transactions.

Following the stake purchase, shares of Premier Energies rose more than 3 per cent on Tuesday to Rs 1,017.90 apiece on the National Stock Exchange (NSE).

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