Repco Home Finance freezes at 5% upper circuit; zooms 35% in 10 sessions

Reports suggest that Aditya Birla Sun Life MF has increased its stake in the company from 4.86 per cent to 6.14 per cent

Repco Home Finance were locked in the 5 per cent upper circuit band at Rs 186.6 after reports suggested Aditya Birla Sun Life MF increased its stake in the company from 4.86 per cent to 6.14 per cent. 

So far in the month of August, the stock has rallied 22 per cent on the BSE, as against 1.6 per cent gain in the S&P BSE Sensex. The stock has surged 35 per cent alone in the last 10 trading sessions, as against 2.7 per cent rise in the Sensex. 

As per the June quarter shareholding pattern, ICICI Prudential SamllCap Fund held 2.36