5paisa Capital up 5% for second day after promoter Nirmal Jain buys stake

On December 5, 2017, Nirmal Bhanwarlal Jain, purchased 128,520 equity shares representing 1% stake of 5Paisa Capital at price of Rs 191.22 per share on NSE.

5paisa Capital was locked in upper circuit for the second straight day, up 5% at Rs 206 on the National Stock Exchange (NSE) after Nirmal Jain, the promoter of the company, bought an additional one percentage point stake in the company through an open market transaction.

Till 10:09 AM; around 5,306 shares changed hands on the counter and there were pending buy orders for 806,680 shares on the NSE.

On December 5, 2017, Nirmal Bhanwarlal Jain, purchased 128,520 equity shares representing 1% stake of 5paisa Capital at price of Rs 191.22 per share on the NSE, the bulk