 "Ansal Buildwell hits 52-week high; surges over 70% in two weeks")
Shares of Ansal Buildwell is locked in upper circuit for second straight day, up 10% at Rs 120 on the BSE, after Equity Intelligence India Private Limited bought additional shares of the company through open market purchases.
The stock is currently trading at its 52-week high price and rallied 71% in past two weeks from Rs 70 on April 6. The S&P BSE Sensex dipped almost 1% during the same period.
On April 16, 2015, Equity Intelligence India Private Limited acquired 45,000 shares of Ansal Buildwell at price of Rs 99.41 per share, as per the bulk deal data on the BSE.
Earlier, in March 23, Equity Intelligence India Private Limited purchased 55,000 shares of real estate firm at Rs 64.25 per share.
Equity Intelligence India Pvt. Ltd. is a SEBI registered portfolio manager.
The stock is currently trading at its 52-week high price and rallied 71% in past two weeks from Rs 70 on April 6. The S&P BSE Sensex dipped almost 1% during the same period.
On April 16, 2015, Equity Intelligence India Private Limited acquired 45,000 shares of Ansal Buildwell at price of Rs 99.41 per share, as per the bulk deal data on the BSE.
Earlier, in March 23, Equity Intelligence India Private Limited purchased 55,000 shares of real estate firm at Rs 64.25 per share.
Equity Intelligence India Pvt. Ltd. is a SEBI registered portfolio manager.
The stock opened at Rs 112 and has seen around 29,000 shares changed hands on the counter on the BSE. At 1000 hours, there are pending buy orders for 19,976 shares on the BSE.
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