 "Shakti Pumps surges on fund buying")
Shakti Pumps (India) has surged 13% to Rs 223 on National Stock Exchange (NSE) after the Franklin Templeton Mutual Fund bought 334,816 equity shares representing 2% stake of the company via open market purchase.
On November 18, Franklin Templeton Mutual Fund A/c Franklin India Prima Plus purchased 227,908 shares at Rs 193.82 on BSE and 106,908 shares at Rs 194.54 on NSE, the bulk deal data shows.
Meanwhile, Reliance Wealth Management sold 79,513 shares at Rs 191.79 on NSE, data shows.
The stock opened at Rs 212 and touched a high of Rs 225 on NSE. The counter has seen huge trading volumes with a combined 709,681 shares changed hands till 0958 hours against an average sub 500,000 shares that were traded daily in past two weeks on NSE and BSE.
On November 18, Franklin Templeton Mutual Fund A/c Franklin India Prima Plus purchased 227,908 shares at Rs 193.82 on BSE and 106,908 shares at Rs 194.54 on NSE, the bulk deal data shows.
Meanwhile, Reliance Wealth Management sold 79,513 shares at Rs 191.79 on NSE, data shows.
The stock opened at Rs 212 and touched a high of Rs 225 on NSE. The counter has seen huge trading volumes with a combined 709,681 shares changed hands till 0958 hours against an average sub 500,000 shares that were traded daily in past two weeks on NSE and BSE.