New Delhi, June 11 -- Shares of Aditya Birla Capital surged nearly 3 percent in intraday trading on Wednesday, June 11, touching a fresh 52-week high of Rs.249.80, even as private equity major Advent International partially exited its holding through a block deal. The transaction saw around 2.34 crore shares, equivalent to a 0.9 percent stake and valued at approximately Rs.568 crore, change hands at Rs.242.70 per share.

According to media reports, Jomei Investments-Advent International's special purpose vehicle-had initiated a larger block deal a day earlier, on Tuesday, June 10. The deal was set to offload a 1.4 percent stake in Aditya Birla Capital, pegging the total transaction value at around Rs.856 crore. The floor price for the dea...