Rakesh Jhunjhunwala increases stake in Rallis

According to a disclosure made to the BSE (SAST), Rakesh Jhunjhunwala (along with Rekha Jhunjhunwala and holding company Rare Investment) has increased his stake in Rallis Ltd from 4.6% to 6.3% buying 1.7% shares from the open market on 7th and 10th August.

On 7th August, the purchase of a total of 90,000 shares was made at an average price of Rs. 703.57.

On 10th August, the purchase of a total of 113,000 shares was made at an average price of Rs. 703.64.

Incidentally, on 12th August, Tata Chemicals made an announcement that it was acquiring upto 35.8% stake by inter-se transfers from group companies.

Rallis India Ltd now trades at Rs. 760 (LTP on BSE as on Friday, 14 Aug 09). Over the week, it has increased by 8%.
Uploaded at 8/15/2009 01:18:00 PM
by Chinmay
Tags: , ,

2 comments:

  1. AnonymousAugust 15, 2009 at 8:07 PM

    the initial shares were bought in the july-sep 08 period. the mp ranged bw 377-600. max volumes were seen in july08 when the range was 387-457.

    ReplyDelete
  2. AnonymousNovember 18, 2024 at 2:37 PM

    Thank You and that i have a neat supply: How Often Renovate House prefab home addition

    ReplyDelete

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