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Vindhya Telelinks has soared 11% to Rs 511 in early morning deals on the BSE after Reliance Mutual Fund bought nearly 4% stake in telecom cables firm for about Rs 20 crore through open market.
On November 3, Reliance Mutual Fund purchased 450,000 shares representing 3.79% of the total equity of Vindhya Telelinks at an average price of Rs 440 per share, BSE bulk deal data shows.
Meanwhile, Anand Omprakash Agarwal and others had sold a combined 500,000 shares of the company, the data shows.
The stock opened at Rs 525 and touched a high of Rs 540 on the BSE. A combined around 15,000 shares changed hands on the counter in first half-an-hour of trading on the BSE and NSE.
On November 3, Reliance Mutual Fund purchased 450,000 shares representing 3.79% of the total equity of Vindhya Telelinks at an average price of Rs 440 per share, BSE bulk deal data shows.
Meanwhile, Anand Omprakash Agarwal and others had sold a combined 500,000 shares of the company, the data shows.
The stock opened at Rs 525 and touched a high of Rs 540 on the BSE. A combined around 15,000 shares changed hands on the counter in first half-an-hour of trading on the BSE and NSE.
