Dhanuka Agritech surges after HDFC Mid-cap Fund buys stake

HDFC Mid-cap Opportunities Fund acquires 899,200 shares at Rs 231 per share

Image
SI Reporter Mumbai
Last Updated : Apr 17 2014 | 3:17 PM IST
Shares of Dhanuka Agritech were up 4.8% at Rs 258 after HDFC Mutual Fund acquired nearly 2% stake in the company via a bulk deal on the BSE.

HDFC Mid-cap Opportunity Fund bought 899,200 shares or 1.8% of the paid-up equity capital of Dhanuka Agritech for Rs 231 per equity share, as per the bulk deal data on the BSE.

Meanwhile, 2020 Equity Investors sold 1 million shares at Rs 231 per share, data showed.

Nearly 100,000 share were traded on both the stock exchanges so far.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 17 2014 | 2:55 PM IST

Next Story