VST Industries

The land was sold to ViNS Bioproducts Ltd and Kushboo Mundra/ Jaya Shridas Daga

Shares of VST Industries hit a new high of Rs 486.70, as they locked in 20 per cent upper circuit on the BSE on Friday at 09:21 AM, in an otherwise a weak market.

Here's a technical outlook on some of the key stocks owned by ace investor Radhakishan Damani.

The uptick in stock price came after the company announced a bonus issue for the first time.

Shares of VST Industries hit a 52-week high of Rs 4,784.45, rallied 16% after the company said its board may consider issue of bonus shares in the forthcoming meeting on Thursday, July 25, 2024.

HDFC Mutual Fund offloaded 330,811 shares, representing 2.1 per cent stake, of VST Industries for Rs 122 crore in two tranches

HDFC Mutual Fund on Monday sold a 2 per cent stake in VST Industries for Rs 122 crore through open market transactions. According to the bulk deal data available with the BSE, HDFC Mutual Fund sold a total of 3,30,811 shares, amounting to a 2.14 per cent stake in VST Industries. The shares were disposed of within the price range of Rs 3,690-3,690.38 apiece, taking the deal value to Rs 122.07 crore. After the latest transaction, HDFC Mutual Fund's shareholding has declined to 3.7 per cent from 5.84 per cent (as of December 2023). Meanwhile, Radhakishan Shivkishan Damani, promoter of Avenue Supermarts, bought 2.33 lakh shares or 1.5 per cent stake in VST Industries for Rs 86.24 crore. The shares were acquired at an average price of Rs 3,689.96 apiece, taking the deal value to Rs 86.25 crore. After the stakebuy, Radhakishan Damani becomes the largest shareholder of VST Industries. As of December 2023, entities owned by Damani, including Bright Star Investments Pvt Ltd and Derive Tr

As of 12:04 PM; as many as 449,389 equity shares, representing 2.9 per cent of total equity of VST Industries, changed hands on the BSE, exchange data showed

The company registered a rise in its YTD sales data until November 2023, which stood at 22,875 units, 6.9% more when compared to 21,393 units sold during the same period last year

Tobacco and cigarette manufacturer VST Industries registered a 22 per cent growth in sales and logged 15.4 per cent growth in net profit in the quarter ended September 30, 2022

The company's net profit rose 0.04 per cent YoY to Rs 75.71 crore for the quarter under review.

For the second quarter of the financial year 2019 (Q2FY19), the company posted profit before tax (PBT) of Rs 99.42 crore, up 12 per cent against Rs 88.65 crore posted in the year-ago period.

Net profit for March 2016 quarter increased 19% to Rs 49 crore compared to March 2015 quarter