Don’t miss the latest developments in business and finance.

Tara Jewels up 5% for third day in a row on mutual fund buying

IDFC Mutual Fund bought 986,000 shares representing 4% stake in Tara Jewels at price of Rs 89 per share.

Image
SI Reporter Mumbai
Last Updated : Feb 21 2014 | 10:20 AM IST
Tara Jewels is locked in upper circuit for third day in a row, up 5% at Rs 102 after IDFC Mutual Fund acquired 4% stake in the company through open market on Tuesday.

On February 18, 2014 IDFC Mutual Fund purchased 246,000 shares of Tara Jewels at Rs 89 per share in a bulk deal on BSE.
The mutual fund bought 740,000 shares of the company at Rs 89 per share in a bulk deal on NSE, the bulk deal data shows.

Collectively IDFC Mutual Fund bought 986,000 shares representing 4% stake in Tara Jewels. Db International Asia sold 335,000 shares at Rs 89.02 per share in a bulk deal on NSE on Tuesday, 18 February 2014.

 
A combined 11,776 shares changed hands on the counter so far and there are pending buy orders for around 17,000 shares on the BSE and NSE at 1015 hours.
 

Also Read

First Published: Feb 21 2014 | 10:19 AM IST

Next Story