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Shares of multiplex chain operator PVR has trading 4% higher at Rs 646 on BSE in otherwise weak market after Sundaram Mutual Fund acquired nearly over one percentage points stake in the company through open market.
Sundaram Mutual Fund bought 576,202 shares representing 1.4% stake in PVR at Rs 603 per share through bulk deal on BSE.
On October 10, 2014 Sundaram Select Midcap purchased 347,519 shares of PVR at Rs 603 per share, while Sundaram Mutual Fund A/c Sundaram Select Microcap Series VI bought 228,683 shares of the company at Rs 603 per share on the BSE, the bulk deal data shows.
Name of the sellers not disclosed by the company.
The stock opened at Rs 630 and touched high of Rs 669 on BSE. A combined 32,000 shares changed hands on the counter in early morning deals on BSE and NSE.
Sundaram Mutual Fund bought 576,202 shares representing 1.4% stake in PVR at Rs 603 per share through bulk deal on BSE.
On October 10, 2014 Sundaram Select Midcap purchased 347,519 shares of PVR at Rs 603 per share, while Sundaram Mutual Fund A/c Sundaram Select Microcap Series VI bought 228,683 shares of the company at Rs 603 per share on the BSE, the bulk deal data shows.
Name of the sellers not disclosed by the company.
The stock opened at Rs 630 and touched high of Rs 669 on BSE. A combined 32,000 shares changed hands on the counter in early morning deals on BSE and NSE.
