GVK Power zooms 40% in two days; Equity Intelligence India buys 1% stake

On July 21, Equity Intelligence bought 18.8 million shares at Rs 9.61 per share on NSE.

GVK Power & Infrastructure hit a 52-week high of Rs 11.70, extending its Friday’s 20% surge on the National Stock Exchange (NSE), after Equity Intelligence India Private Limited bought an over 1% stake in the company through open market purchases. The stock zoomed 40% from Rs 8.35 in the last two trading sessions.

On July 21, 2017 Equity Intelligence India Private Limited [P M S] bought 18.8 million shares representing 1.19% stake in GVK Power & Infrastructure at Rs 9.61 per share on the NSE, the bulk deal data shows. CLICK HERE FOR BULK DEAL DATA