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Lux Inds spurts as Reliance MF buys shares

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Lux Industries surged 6.48% at Rs 959.80 at 10:47 on after Mutual Fund purchased bulk of the company via bulk deal yesterday, 13 June 2017.

Meanwhile, the S&P Sensex was up 0.09 points at 31,103.58. The S&P Small-Cap index fell 8.48 points or 0.05% at 15,509.45.

On the BSE, 26,000 were traded on the counter so far as against the average daily volumes of 98,000 in the past two weeks.

The stock had hit a high of Rs 970 so far during the day, which is a record high. The stock hit a low of Rs 930 so far during the day. The stock had hit a 52-week low of Rs 570.45 on 18 August 2016.

Valuead Securities sold 5.62 lakh of apparel firm Lux Industries at Rs 901.64 per share in a bulk deal on the yesterday, 13 June 2017. Mutual Fund bought 4.44 lakh at Rs 900.4 per share.

Valuead Securities held 2.23% stake in Lux Industries end March 2017.

Lux Industries' net profit rose 26.9% to Rs 19.59 crore on 3.6% growth in net sales to Rs 279.57 crore in Q4 March 2017 over Q4 March 2016.

Lux Industries makes various kinds of hosiery products for men, women and children.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Lux Inds spurts as Reliance MF buys shares

Lux Industries surged 6.48% at Rs 959.80 at 10:47 IST on BSE after Reliance Mutual Fund purchased bulk shares of the company via bulk deal yesterday, 13 June 2017.

Lux Industries surged 6.48% at Rs 959.80 at 10:47 on after Mutual Fund purchased bulk of the company via bulk deal yesterday, 13 June 2017.

Meanwhile, the S&P Sensex was up 0.09 points at 31,103.58. The S&P Small-Cap index fell 8.48 points or 0.05% at 15,509.45.

On the BSE, 26,000 were traded on the counter so far as against the average daily volumes of 98,000 in the past two weeks.

The stock had hit a high of Rs 970 so far during the day, which is a record high. The stock hit a low of Rs 930 so far during the day. The stock had hit a 52-week low of Rs 570.45 on 18 August 2016.

Valuead Securities sold 5.62 lakh of apparel firm Lux Industries at Rs 901.64 per share in a bulk deal on the yesterday, 13 June 2017. Mutual Fund bought 4.44 lakh at Rs 900.4 per share.

Valuead Securities held 2.23% stake in Lux Industries end March 2017.

Lux Industries' net profit rose 26.9% to Rs 19.59 crore on 3.6% growth in net sales to Rs 279.57 crore in Q4 March 2017 over Q4 March 2016.

Lux Industries makes various kinds of hosiery products for men, women and children.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Lux Inds spurts as Reliance MF buys shares

Lux Industries surged 6.48% at Rs 959.80 at 10:47 on after Mutual Fund purchased bulk of the company via bulk deal yesterday, 13 June 2017.

Meanwhile, the S&P Sensex was up 0.09 points at 31,103.58. The S&P Small-Cap index fell 8.48 points or 0.05% at 15,509.45.

On the BSE, 26,000 were traded on the counter so far as against the average daily volumes of 98,000 in the past two weeks.

The stock had hit a high of Rs 970 so far during the day, which is a record high. The stock hit a low of Rs 930 so far during the day. The stock had hit a 52-week low of Rs 570.45 on 18 August 2016.

Valuead Securities sold 5.62 lakh of apparel firm Lux Industries at Rs 901.64 per share in a bulk deal on the yesterday, 13 June 2017. Mutual Fund bought 4.44 lakh at Rs 900.4 per share.

Valuead Securities held 2.23% stake in Lux Industries end March 2017.

Lux Industries' net profit rose 26.9% to Rs 19.59 crore on 3.6% growth in net sales to Rs 279.57 crore in Q4 March 2017 over Q4 March 2016.

Lux Industries makes various kinds of hosiery products for men, women and children.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22