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Arihant Superstructures hits new high as L&T Mutual Fund buys stake

The stock surged 12% to Rs 154 on the NSE

KKR eyes big-ticket realty deals
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SI Reporter Mumbai
Arihant Superstructures surged 12% to Rs 154 on National Stock Exchange (NSE) after the L&T Mutual Fund bought more than 2% stake in the realty firm through open market.

On Wednesday, April 26, 2017, L&T Mutual Fund A/c L&T Monthly Income Plan had purchased 950,000 equity shares representing 2.3% stake in realty Company at Rs 130.25 per share, the NSE bulk deal data shows. CLICK HERE TO READ FULL REPORT

India Opportunities Growth Fund Ltd, Pinewood Strategy had sold nearly entire its stake or 950,000 shares at Rs 130.25 per share, data shows.

As of