 "PVR gains on fund buying")
Shares of multiplex chain operator PVR has trading 4% higher at Rs 646 on BSE in otherwise weak market after Sundaram Mutual Fund acquired nearly over one percentage points stake in the company through open market.
Sundaram Mutual Fund bought 576,202 shares representing 1.4% stake in PVR at Rs 603 per share through bulk deal on BSE.
On October 10, 2014 Sundaram Select Midcap purchased 347,519 shares of PVR at Rs 603 per share, while Sundaram Mutual Fund A/c Sundaram Select Microcap Series VI bought 228,683 shares of the company at Rs 603 per share on the BSE, the bulk deal data shows.
Name of the sellers not disclosed by the company.
The stock opened at Rs 630 and touched high of Rs 669 on BSE. A combined 32,000 shares changed hands on the counter in early morning deals on BSE and NSE.
Sundaram Mutual Fund bought 576,202 shares representing 1.4% stake in PVR at Rs 603 per share through bulk deal on BSE.
On October 10, 2014 Sundaram Select Midcap purchased 347,519 shares of PVR at Rs 603 per share, while Sundaram Mutual Fund A/c Sundaram Select Microcap Series VI bought 228,683 shares of the company at Rs 603 per share on the BSE, the bulk deal data shows.
Name of the sellers not disclosed by the company.
The stock opened at Rs 630 and touched high of Rs 669 on BSE. A combined 32,000 shares changed hands on the counter in early morning deals on BSE and NSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*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
SAVE 25%