New Delhi, June 12 -- Asian Paints share price rose by 2.5% during Thursday's trading session following a significant transaction involving the stock. Approximately 3.5 crore shares of Asian Paints were traded in the pre-open block window, as reported by CNBC TV18.

The shares were exchanged at an average price of Rs.2,201 each, leading to a total transaction value of Rs.7,703 crore. In the block deal, about 3.64% of the company's total equity was involved. The identities of the buyers and sellers in this transaction remain undisclosed.

As per the news report, at the close of the March quarter, India's Mutual Funds held a 5.67% interest in Asian Paints, with ICICI Prudential MF and SBI MF being key shareholders.

The Life Insurance Corpo...