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Bharati Shipping up on stake buy

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 8:47 PM IST

BHARATI SHIPYARD surged 12.7 per cent to close at Rs 107.40 after the company acquired 14.9 per cent stake in Great Offshore. The scrip opened at Rs 97.10 and went on to achieve a high of Rs 113.50 and a low of Rs 97.10 during intra-day trades.

A total of 1340,243 shares changed hands at BSE. The company's share price has moved up 32.27 per cent in the last one week and 39.57 per cent since in the last one month. The company manufactures offshore vessels and rigs while Great Offshore provides offshore and oilfield services.

 

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First Published: May 09 2009 | 12:46 AM IST

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