Amtek Auto has dipped 5% to Rs 239 after Citigroup sold over two million shares worth Rs 53 crore of the company through open market.
On July 3, 2014 Citigroup Global Markets Mauritius Private Limited has sold 2.07 million shares representing 0.95% of total equity of Amtek Auto at a price of Rs 255.93 per share on NSE, the bulk deal data shows.
The stock opened at Rs 247 and touched a low of Rs 235 on NSE. A combined 1.04 million shares changed hands on the counter till noon deals on NSE and BSE.
Meanwhile, shares in auto parts and equipment maker have seen a dream run in past six months. The stock has outperformed the market by appreciating 335% to Rs 251 from Rs 75 at the beginning of 2014 compared to 22% rise in benchmark S&P BSE Sensex till yesterday.
On July 3, 2014 Citigroup Global Markets Mauritius Private Limited has sold 2.07 million shares representing 0.95% of total equity of Amtek Auto at a price of Rs 255.93 per share on NSE, the bulk deal data shows.
The stock opened at Rs 247 and touched a low of Rs 235 on NSE. A combined 1.04 million shares changed hands on the counter till noon deals on NSE and BSE.
Meanwhile, shares in auto parts and equipment maker have seen a dream run in past six months. The stock has outperformed the market by appreciating 335% to Rs 251 from Rs 75 at the beginning of 2014 compared to 22% rise in benchmark S&P BSE Sensex till yesterday.
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