Kalpataru Power gains after HDFC MF stake buy

HDFC Mutual Fund acquires over 1.78 million shares through bulk deals on BSE and NSE

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SI Reporter Mumbai
Last Updated : Jan 02 2015 | 11:00 AM IST
Shares of Kalpataru Power Transmission were up over 2% at Rs 236 after HDFC Mutual Fund acquired over 1.78 million shares through two bulk deals, one each on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

HDFC Mutual Fund - Equity acquired 958,000 shares through a bulk deal at a weighted average price of Rs 230, as per data on the BSE.

The fund has also acquired 823,900 through a bulk deal at a weighted average price of Rs 230, as per data on the NSE

The stock opened at Rs 238 and touched a high of Rs 241. At 10:55AM, over 800,000 shares were traded on both the stock exchanges.

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First Published: Jan 02 2015 | 10:58 AM IST

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