BlackRock buys shares of two companies for Rs 207 crore via open market

US-based asset manager BlackRock on Friday acquired shares of Electrosteel Castings and PTC India Ltd for Rs 207 crore through open market transactions. BlackRock, through its affiliates iShares II Public Ltd Company - iShares Global Water UCITS ETF, iShares Global Clean Energy ETF and iShares Global Clean Energy UCITS ETF purchased shares of two companies.iShares is a collection of exchange-traded funds managed by BlackRock. According to the bulk deal data available with the National Stock Exchange (NSE), iShares Global Water UCITS ETF bought 32.28 lakh shares of Electrosteel Castings at an average price of Rs 196.21 per scrip, taking the deal value to Rs 63.35 crore.In addition, iShares Global Clean Energy ETF purchased 27.50 lakh shares of PTC India, and iShares Global Clean Energy UCITS ETF acquired 38.67 lakh shares of the firm at an average price of Rs 217.53 apiece, taking the transaction value to Rs 143.95 crore.