Exhibitor Fame India Surges On Block Deal; Temasek Has Sold, Says Report

 Exhibitor Fame India (Formerly Shringar Cinemas Ltd) rose 4.95% to close at Rs30.75 even as the benchmark Sensex closed down 0.53%, or 88 points from its previous close on the Bombay Stock Exchange. The Fame India scrip touched an intra-day high of Rs30.9, following a block deal for 46.95 lakh shares, representing a 13.5% stake in the company, reports CNBC TV18. The block deal ws executed at Rs30 per share, according to TV18. The stock had touched a 52-week low of Rs8.75 on 13 March. While the identity of the seller would not be officially known till the next trading day (Tuesday), TV18, citing unnamed sources, reports that Temasek has sold its 13.49 stake in the company.