Shares of Vijay Mallya-led UB Group companies have rallied up to 15% on back of heavy volumes after foreign fund are showing buying interest in these counters.
Among the individual stocks, United Breweries has soared 15% to Rs 835, followed by United Spirits (up 13% at Rs 2,455), United Breweries (Holdings) and Kingfisher Airlines are up 5% each at Rs 23.80 and Rs 4.25 respectively on BSE.
On Friday, Morgan Stanley Asia (Singapore) Pte bought 1.08 million shares, amounting to 0.74% stake, of United Spirits through bulk deal on NSE, according to information available with stock exchanges.
The shares were purchased on an average price of Rs 2,118.23 valuing the transaction to Rs 228.79 crore, data showed. However, the seller of the shares could not be ascertained.
The stock opened at Rs 2,200 and has seen a combined 3.12 million shares changing hands so far against an average sub 2 million shares that were traded daily in past two weeks on BSE and NSE.
Among the individual stocks, United Breweries has soared 15% to Rs 835, followed by United Spirits (up 13% at Rs 2,455), United Breweries (Holdings) and Kingfisher Airlines are up 5% each at Rs 23.80 and Rs 4.25 respectively on BSE.
On Friday, Morgan Stanley Asia (Singapore) Pte bought 1.08 million shares, amounting to 0.74% stake, of United Spirits through bulk deal on NSE, according to information available with stock exchanges.
The shares were purchased on an average price of Rs 2,118.23 valuing the transaction to Rs 228.79 crore, data showed. However, the seller of the shares could not be ascertained.
The stock opened at Rs 2,200 and has seen a combined 3.12 million shares changing hands so far against an average sub 2 million shares that were traded daily in past two weeks on BSE and NSE.
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