 "Thangamayil Jewellery extends gain on Derive Investments stake buy")
Thangamayil Jewellery was up 3% to Rs 308, extending its Thursday’s 9% rally on the BSE, after Derive Investments bought nearly two percentage point stake in the company through open market.
On Thursday, July 21, Derive Investments bought 244,584 equity shares of Thangamayil Jewellery for Rs 6.80 crore. Derive Investments is an investment company of R K Damani.
Derive Investments purchased 149,144 shares on the NSE, while 95,440 shares on NSE, at an average price of Rs 278.05 each, the bulk deal data shows.
Emerald Jewel Industries India sold 407,129 shares on the BSE and NSE. Earlier, on July 14, Emerald Jewel Industries India sold 100,000 shares at an average price of Rs 286.50 per share, followed by 80,000 shares at Rs 284.89 per share on July 15, the NSE bulk deal data shows.
Emerald Jewel Industries India held 624,450 shares or 4.55% stake Thangamayil Jewellery as of June 30, 2016.
At 10:54 AM, a combined 185,764 shares changed hands on the counter on the BSE and NSE.
On Thursday, July 21, Derive Investments bought 244,584 equity shares of Thangamayil Jewellery for Rs 6.80 crore. Derive Investments is an investment company of R K Damani.
Derive Investments purchased 149,144 shares on the NSE, while 95,440 shares on NSE, at an average price of Rs 278.05 each, the bulk deal data shows.
Emerald Jewel Industries India sold 407,129 shares on the BSE and NSE. Earlier, on July 14, Emerald Jewel Industries India sold 100,000 shares at an average price of Rs 286.50 per share, followed by 80,000 shares at Rs 284.89 per share on July 15, the NSE bulk deal data shows.
Emerald Jewel Industries India held 624,450 shares or 4.55% stake Thangamayil Jewellery as of June 30, 2016.
At 10:54 AM, a combined 185,764 shares changed hands on the counter on the BSE and NSE.
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