Business Standard

Sintex Ind gains on LIC stake buy

LIC has bought 1,000,000 shares representing 0.37% stake in the company via open market purchase on June 14

Related News

Sintex Industries is trading higher by 5% at Rs 60.80, extending its previous day around 1% gain, after the company said that the public sector insurance giant Life Insurance Corporation of India (LIC) has acquired shares worth of Rs 6 crore through open market transaction.

has bought 1,000,000 shares representing 0.37% stake in the company via open market purchase on June 14,” Sintex Industries said in a filing.

After these acquisitions, the total holding of LIC increased to 5.25% from 4.88% earlier, it added.

The stock opened at Rs 58.20 and touched high of Rs 61.10 on the Bombay Stock Exchange. A combined 3.24 million shares have changed hands on the counter so far on both the exchanges.

Read more on:   
|
|

Read More

Sensex zooms 439 pts on GAAR relief, EU deal

The stock markets surged over two per cent on Friday on heavy buying from foreign investors after the government soothed their nerves by proposing ...

Quick Links

Market News

Markets closed on account of Republic Day

Indian equity, forex, money and commodity markets will remain closed today

3 firms approach Sebi with rights issue offer in January

State Bank of Travancore and Zee Media Corp among cos

Top 8 Sensex cos add Rs 62,074.5 cr in m-cap; Infy, CIL shine

Valuation of TCS, ITC declines in the week

FIIs pump in Rs 21,000 crore in capital markets so far in Jan

Buy shares worth Rs 5,992 crore ($977 million) till January 23

Early birds at variance with stock market highs

At 2.2%, firms' net profit growth in Oct-Dec slowest in eight quarters, sales expansion down 4.4%

 

Back to Top