Delta Corp jumps after Jhunjhunwala acquires additional stake

Delta Corp is up over 3% after Rakesh Jhunjhunwala acquired additional shares worth over Rs 11 crore via a bulk deal.

Shares of Delta Corp are up over 3% to Rs 102 on the BSE after ace investor Rakesh Jhunjhunwala acquired additional shares worth over Rs 11 crore in the above mentioned company via a bulk deal.

Mr Jhunjhunwala purchased 12.5 lakh shares in Delta Corp at a price of Rs 91.75 apiece, the company said in a filing to the BSE. At this price, the stake would amount to Rs 11.5 crore.

Previously,  Mr Jhunjhunwala held a 3.47 per cent stake in the company.

The stock opened at Rs 101, touched a high of Rs 104 and a low of Rs 100 on the BSE. At 9:40AM, over 735,000 shares have changed hands on the BSE.