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GHCL surges 9% after DSP Blackrock Mutual Fund buys stakes

The stock hit a new high of 299 after the DSP Blackrock Mutual Fund bought 950,528 shares at Rs 272

GHCL
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GHCL

SI Reporter Mumbai
GHCL hits a record high of Rs 299, up 9% on the BSE in early morning trade after the DSP Blackrock Mutual Fund bought nearly one percentage point stake in the commodity chemicals company through open market.

On the National Stock Exchange (NSE), the stock hit a high of Rs 298, up 9% against its Friday’s close of Rs 274.

On November 24, 2017, DSP Blackrock Mutual Fund A/c DSP Blackrock Micro Cap Fund had purchased 950,528 equity shares representing 0.98% stake in GHCL at price of Rs 272 per share on the NSE, the bulk deal data