 "Automotive Axles declines over 5% after block deal")
Shares of Automotive Axles have dipped 6% to Rs 641 on the BSE after a huge block deal executed on the counter.
At 01:37 PM, around 270,000 equity shares representing 1.8% of total equity of Automotive Axles have changed hands, the BSE data shows.
The names of buyers and sellers are not immediately known.
Till 01:52 PM, a combined 351,790 shares changed hands compared to an average sub 10,000 shares that were traded daily in past two weeks on the BSE and NSE.
As of June 30, 2015, Reliance Capital Trustee, Bajaj Allianz Life Insurance Company and M3 Investment held more than two percentage point stake in auto parts & equipment maker, the shareholding patter data shows.
At 01:37 PM, around 270,000 equity shares representing 1.8% of total equity of Automotive Axles have changed hands, the BSE data shows.
The names of buyers and sellers are not immediately known.
Till 01:52 PM, a combined 351,790 shares changed hands compared to an average sub 10,000 shares that were traded daily in past two weeks on the BSE and NSE.
As of June 30, 2015, Reliance Capital Trustee, Bajaj Allianz Life Insurance Company and M3 Investment held more than two percentage point stake in auto parts & equipment maker, the shareholding patter data shows.
