Shares of HT Media has soared 9% to Rs 82.85 on back of heavy volumes on the bourses. The stock opened at Rs 76.40 and touched a high of Rs 83.35 on the NSE.
At 1245 hours, a combined 2.88 million equity shares representing 1.23% stake of the company changed hands on the counter on the NSE and BSE.
On February 28, Rare Enterprises, the investment arm of Rakesh Jhunjhunwala, acquired 1.5 million shares representing 0.64% stake in the media firm at a price of Rs 71.25 via bulk deal on BSE, exchange data showed. The names of the seller are not disclosed by the company.
At 1245 hours, a combined 2.88 million equity shares representing 1.23% stake of the company changed hands on the counter on the NSE and BSE.
On February 28, Rare Enterprises, the investment arm of Rakesh Jhunjhunwala, acquired 1.5 million shares representing 0.64% stake in the media firm at a price of Rs 71.25 via bulk deal on BSE, exchange data showed. The names of the seller are not disclosed by the company.
