Stock market today, Feb. 21 -- Shares of pharma major Divi's Laboratories on Friday, February 21, witnessed a near 4% decline after SBI Mutual Fund pared its stake in the company.

SBI Mutual Fund said sold 1,40,560 shares, representing 0.0529% of the paid-up share capital of the company on February 19 under its various schemes, revealed an exchange filing dated February 20.

Following this, the final holding of SBI Mutual Fund, under its various schemes, as at the close of business hours on February 19 was 1,33,99,732 shares which is 5.0476% of the paid-up share capital of Divi's Labs. Ahead of the stake sale, SBI Mutual Fund held 1,35,40,292 or 5.1005% stake in the blue-chip pharma company.

As of February 2023, the stake held by India'...