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Carborundum Universal zooms 10% on bulk deal

Carborundum Universal zoomed nearly 10% after HDFC Mutual Fund bought 10 lakh shares of the company

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SI Reporter Mumbai
Shares of Carborundum Universal have zoomed nearly 10% to Rs 208 on the NSE in the noon trades after HDFC Mutual Fund bought 10 lakh shares or 0.53% stake in Carborundum Universal at Rs 188/share via bulk deal on the NSE on Sep 2, 2014.
 
Carborundum Universal is a fully vertically integrated abrasives, electro-minerals, ceramics and refractory company with operations in Australia, Canada, China, India, Middle East, Russia, South Africa, Thailand and the US.
 
The stock openend at Rs 195, touched a high of Rs 217 and a low of Rs 195 on the NSE. A total of 13,94,861 shares have been exchanched on the NSE so far. 
 

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First Published: Sep 03 2014 | 12:57 PM IST

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