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Deep Industries zooms 20% on promoter buying

On July 14, Manoj Savla J/w Paras Savla & Dharen Savla purchased 100,000 equity shares through open market.

SI Reporter Mumbai
Shares of Deep Industries have locked in upper circuit of 20% at Rs 117, also its 52-week high on the BSE, on back of heavy volumes.

Till 01:02 PM, a combined 4.63 million shares representing 15.9% of total equity of Deep Industries changed hands on the BSE and NSE. There were pending buy orders for 72,863 shares on both the exchanges.

On July 14, 2015, Manoj Savla J/w Paras Savla & Dharen Savla (on behalf of Shantilal Family Trust), the promoter of Deep Industries purchased 100,000 equity shares of the company through open market purchase.

Total holding of the promoters increased to 69.47% from 69.13%, Deep Industries said in a statement.

As of March 2015, the promoters held 68.13% stake in the company, shareholding pattern data shows.
 
 

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First Published: Jul 17 2015 | 1:14 PM IST

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