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Eveready hits 10% upper circuit on report of Dabur promoters picking stake

On NSE, under BL series, about 5.15 million shares, representing 7.07 per cent of total holding of Eveready Industries, changed hands at price of Rs 81.80 per share

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SI Reporter Mumbai
Shares of Eveready Industries were locked in 10 per cent upper circuit at Rs 88.90 on the BSE on Tuesday on the back of heavy volumes amid reports that Dabur promoters have picked up nearly 8 per cent stake in the battery maker.

Till 01:19 pm, a combined 3.41 million equity shares, representing 4.69 per cent of the company's total equity, had changed hands on the NSE and BSE. There were pending buy orders for around 600,000 shares on the NSE and BSE, exchange data shows.

However, on NSE, under BL series, about 5.15 million shares, representing 7.07 per