 "Sudarshan Chemical zooms 30% in two days on HNI buying")
Sudarshan Chemical Industries has soared 18% to Rs 105, extending its Wednesday’s 12% rally on the National Stock Exchange (NSE), on strong buying from domestic high networth individuals (HNIs) through open market.
Vijay Kishanlal Kedia, one of the non-promoter shareholders, increased its equity stake in Sudarshan Chemical Industries by buying an additional 1.93% stake in the company from the open market.
On April 1, 2015, Vijay Kishanlal Kedia had purchased 1.33 million equity shares representing 1.92% of the total equity of company at Rs 82 per share through block deal, the NSE data shows. However, EMSAF Mauritius sold 1.34 million shares at same price.
Vijay Kishanlal Kedia, who held 1.63% stake in the company as of December 2014, increased its holding to 3.55% post acquisition.
The stock opened at Rs 93 and has seen a combined 350,567 shares changing hands on the counter on the NSE and BSE till 1124 hours.
Vijay Kishanlal Kedia, one of the non-promoter shareholders, increased its equity stake in Sudarshan Chemical Industries by buying an additional 1.93% stake in the company from the open market.
On April 1, 2015, Vijay Kishanlal Kedia had purchased 1.33 million equity shares representing 1.92% of the total equity of company at Rs 82 per share through block deal, the NSE data shows. However, EMSAF Mauritius sold 1.34 million shares at same price.
Vijay Kishanlal Kedia, who held 1.63% stake in the company as of December 2014, increased its holding to 3.55% post acquisition.
The stock opened at Rs 93 and has seen a combined 350,567 shares changing hands on the counter on the NSE and BSE till 1124 hours.
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