 "Gulshan Polyols rallies on fund buying")
Shares of Gulshan Polyols has rallied 16% to Rs 309, extending its Friday’s 3% gain on the BSE, after Reliance mid and small
cap fund bought nearly seven percentage points stake in the company via open market.
On March 27, 2015, Reliance Capital Trustee Company, A/c Reliance mid and small cap fund acquired 595,000 shares or 6.7% stake in Gulshan Polyols at price of Rs 250 per share, the BSE bulk deal data shows.
Meanwhile, Mridula Jain, one of the promoters of commodity chemicals maker, had sold 596,000 shares at Rs 250 per share, data shows.
The stock opened at Rs 273 and touched a high of Rs 319 on the BSE. A combined 44,540 shares changed hands on the counter till 1047 hours on the BSE and NSE.
cap fund bought nearly seven percentage points stake in the company via open market.
On March 27, 2015, Reliance Capital Trustee Company, A/c Reliance mid and small cap fund acquired 595,000 shares or 6.7% stake in Gulshan Polyols at price of Rs 250 per share, the BSE bulk deal data shows.
Meanwhile, Mridula Jain, one of the promoters of commodity chemicals maker, had sold 596,000 shares at Rs 250 per share, data shows.
The stock opened at Rs 273 and touched a high of Rs 319 on the BSE. A combined 44,540 shares changed hands on the counter till 1047 hours on the BSE and NSE.
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