 "Essar Ports hits 52-week high after huge block deal")
Shares of Essar Ports rallied 8% to Rs 120 after a huge block deal of 5.67 million shares was executed on the counter on BSE. The stock opened at Rs 112 and touched a 52-week high of Rs 134 on BSE.
At 0936 hours, 5.67 million shares representing 1.32% of total equity of Essar Ports have changed hands on the counter at Rs 120 per share, the BSE data shows. The name of buyers and sellers not ascertained immediately.
As on September 30, 2014, Arum Investments Private Limited held 5.66 million (1.32%) and Leena Investments Consultancy LLP held 5.58 million (1.30%) stakes in the company engaged in marine ports and services business, the shareholding pattern data shows.
At 0936 hours, 5.67 million shares representing 1.32% of total equity of Essar Ports have changed hands on the counter at Rs 120 per share, the BSE data shows. The name of buyers and sellers not ascertained immediately.
As on September 30, 2014, Arum Investments Private Limited held 5.66 million (1.32%) and Leena Investments Consultancy LLP held 5.58 million (1.30%) stakes in the company engaged in marine ports and services business, the shareholding pattern data shows.