 "BL Kashyap, Sanghi Industries hit upper circuit on MFs buying")
BL Kashyap and Sons and Sanghi Industries hit their upper circuit on BSE for the second consecutive day after domestic mutual funds bought shares of these companies from the open market.
BL Kashyap and Sons hit the upper circuit for the second day in a row when its stock rose 20% to Rs 12.96 on BSE after HDFC Mutual Fund bought 1.42 million shares at Rs 9.20 per share in a bulk deal on Tuesday.
Sanghi Industries too has frozen upper circuit for the second straight day, after being up 5% at Rs 49, also its 52-week high on BSE. Reliance Mutual Fund bought 3.26 million shares of Sanghi Industries at Rs 44.50 a share via a bulk deal on Tuesday, according to the NSE data shows.
BL Kashyap and Sons hit the upper circuit for the second day in a row when its stock rose 20% to Rs 12.96 on BSE after HDFC Mutual Fund bought 1.42 million shares at Rs 9.20 per share in a bulk deal on Tuesday.
Sanghi Industries too has frozen upper circuit for the second straight day, after being up 5% at Rs 49, also its 52-week high on BSE. Reliance Mutual Fund bought 3.26 million shares of Sanghi Industries at Rs 44.50 a share via a bulk deal on Tuesday, according to the NSE data shows.