 "Mayur Uniquoters surges on DSP Blackrock Mutual Fund stake buy")
Mayur Uniquoters has surged 12% to Rs 461 on National Stock Exchange after DSP Blackrock Mutual Fund bought about 3% stake in the textile company for Rs 51 crore through open market transactions.
On Friday, September 26, DSP Blackrock Mutual Fund bought 1.28 million shares representing 2.95% stake in Mayur Uniquoters at Rs 399.98 per share, bulk deal data on the NSE showed.
The promoters Suresh Kumar Poddar & Sons (HUF), Kiran Poddar and Manav Poddar had collectively sold 1.15 million shares at an average price of Rs 400.34 per share, data shows.
The stock opened at Rs 430 and touched a high of Rs 468 on NSE. A combined around 75,000 shares changed hands on the counter in first half-an-hour of trading on NSE and BSE.
On Friday, September 26, DSP Blackrock Mutual Fund bought 1.28 million shares representing 2.95% stake in Mayur Uniquoters at Rs 399.98 per share, bulk deal data on the NSE showed.
The promoters Suresh Kumar Poddar & Sons (HUF), Kiran Poddar and Manav Poddar had collectively sold 1.15 million shares at an average price of Rs 400.34 per share, data shows.
The stock opened at Rs 430 and touched a high of Rs 468 on NSE. A combined around 75,000 shares changed hands on the counter in first half-an-hour of trading on NSE and BSE.