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Apar Industries extends gain on fund buying

The stock rallied 4% to Rs 480, extending its previous day's 8% gain on the BSE.

SI Reporter  |  Mumbai 

Apar Industries extends gain on fund buying

has rallied 4% to Rs 480, extending its previous day’s 8% gain on the BSE, on back of fund buying.

and have bought a combined 1.64 million shares representing 4.25% stake in for Rs 71.50 crore via open market.

On November 16, 2015 Bought 900,000 shares of though it’s various schemes at price of Rs 436 per share on NSE. purchased 735,387 shares of the company at Rs 436 a piece on BSE, the bulk deal data shows.

Meanwhile, AIL Benefit Trust, the promoter of the company sold 1.64 million shares via bulk deals.

offers value added products and services in power transmission conductors, petroleum specialities and power cables.

At 09:44 AM, the stock was up 1% at Rs 466 on the BSE. A combined 132,867 shares changed hands on the counter on the BSE and NSE.
 

First Published: Tue, November 17 2015. 09:47 IST
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