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Shares of BEML is trading higher by 3% at Rs 896, extending its 10% rally on NSE, after foreign institutional raised their stake in the state-owned company through open market.
On January 12, 2015, Merrill Lynch Capital Market Espana S.A. SVB acquired 254,836 equity shares representing 0.61% stake in the company at Rs 846.73 per share on NSE, as per the bulk deal data.
The stock opened at Rs 880 and hit fresh 52-week high of Rs 899 on NSE. A combined 684,864 shares changed hands on the counter till 0929 hours on NSE and BSE.
On January 12, 2015, Merrill Lynch Capital Market Espana S.A. SVB acquired 254,836 equity shares representing 0.61% stake in the company at Rs 846.73 per share on NSE, as per the bulk deal data.
The stock opened at Rs 880 and hit fresh 52-week high of Rs 899 on NSE. A combined 684,864 shares changed hands on the counter till 0929 hours on NSE and BSE.
