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On Tuesday, June 13, 2017, Reliance Mutual Fund had acquired 444,103 equity shares representing 1.76% stake in Lux Industries at price of Rs 900 per share, the BSE bulk deal data shows.
Valued Securities Private Limited had sold its entire 2.23% or 562,002 shares at an average price of Rs 901.64 per share. CLICK HERE FOR BULK DEAL INFORMATION
The names of the other buyers were not ascertained immediately.
At 11:24 am; the stock was up 9% at Rs 985 on BSE, as compared to 0.08% decline in the S&P BSE Sensex. A combined 430,395 shares changed hands on the counter on BSE and NSE so far.
In past seven trading sessions, it rallied 28% from Rs 787 on June 1, against 0.17% decline in the benchmark index.