Bajaj Corp hits record high after block deal

Till 0928 hours, about 12.2 million shares representing 8.2% of total equity of Bajaj Corp changed hands on BSE.

Shares of Bajaj Corp has rallied 10% to Rs 339 after huge block deal executed on the counter on BSE.

Till 0928 hours, about 12.2 million equity shares representing 8.2% of total equity of the personal products maker changed hands in multiple block deals, the BSE data shows.

However, the identity of the buyers and sellers could not be yet ascertained.

The stock opened at Rs 306 and hit a record high of Rs 346 on BSE. It touched low of Rs 270 during intra-day trade.