ITD Cementation rallies on HDFC Mutual Fund buying

On November 19, HDFC Mutual Fund and HDFC Trustee Co A/c HDFC Infrastructure Fund purchased 119,000 shares each at Rs 419 per share.

<a href="http://www.shutterstock.com/pic-49062454/stock-photo-buy-sell-hold-investing-dice-isolated-on-white.html" target="_blank">Image</a> via Shutterstock
SI Reporter Mumbai
Last Updated : Nov 20 2014 | 10:21 AM IST
ITD Cementation India has rallied 7% to Rs 447 on NSE after the HDFC Mutual Fund bought 238,000 shares or 1.5% stake in the construction and engineering company via open market.

On November 19, HDFC Mutual Fund and HDFC Trustee Co A/c HDFC Infrastructure Fund purchased 119,000 shares each at Rs 419 per share, the NSE and BSE bulk deals data shows.

The stock opened at Rs 449 and hit a high of Rs 459 on NSE. A combined 33,471 shares changed hands on the counter till 1017 hours on NSE and BSE.
 

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First Published: Nov 20 2014 | 10:19 AM IST

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