 "Deep Industries hits 52-week high after Swiss Finance buys stake")
Deep Industries has rallied 6% to Rs 205, also its 52-week high on the BSE, after foreign fund house Swiss Finance Corporation (Mauritius) Ltd has bought stake in the company from the open market.
On Monday, October 19, Swiss Finance Corporation had purchased 400,000 equity shares representing 1.4% of total equity capital of Deep Industries at an average price of Rs 191.80 per share on the BSE, the bulk deal data shows.
Rajendrakumar Ramanlal Shah sold 150,000 shares at Rs 191.83 per share, data shows.
At 09:52 am, the stock was up 4% at Rs 201 on the BSE. A combined 601,027 shares changed hands on the counter on the BSE and NSE so far.
On Monday, October 19, Swiss Finance Corporation had purchased 400,000 equity shares representing 1.4% of total equity capital of Deep Industries at an average price of Rs 191.80 per share on the BSE, the bulk deal data shows.
Rajendrakumar Ramanlal Shah sold 150,000 shares at Rs 191.83 per share, data shows.
At 09:52 am, the stock was up 4% at Rs 201 on the BSE. A combined 601,027 shares changed hands on the counter on the BSE and NSE so far.