Tata Coffee hits record high after Equity Intelligence buys stake

The stock hit a record high of Rs 175, up 17%, extending its yesterday's nearly 4% gain on the NSE

Tata Coffee hit a record high of Rs 175, up 17%, extending yesterday’s nearly 4% gain on the National Stock Exchange (NSE), after Equity Intelligence bought one million shares of Tata Group Company through open market.

On September 11, 2017, Equity Intelligence India Private Limited (PMS) acquired 1,000,000 equity shares representing 0.53% stake in Tata Coffee at price of Rs 150 per share on NSE, the bulk deal data shows. CLICK HERE FOR BULK DEAL DATA

Porinju Veliyath, ace investor, is the Founder & CEO of Equity Intelligence India.

F. Born A G has sold