Selan Exploration extends rally on stake hike by Dolly Khanna

The stock rallied 11% to Rs 278, also its 52-week high on the NSE after Dolly Khanna bought 104,250 equity shares representing 0.64% stake in Selan Exploration through bulk deal.

Selan Exploration Technology has rallied 11% to Rs 278, also its 52-week high on the National Stock Exchange (NSE) in intra-day trade after the investor Dolly Khanna bought an additional nearly one percentage point stake in the company through the open market.

On Wednesday, August 8, 2018, Dolly Khanna purchased 104,250 equity shares representing 0.64% stake in Selan Exploration Technology through a bulk deal, the NSE data shows. The investor bought shares worth of Rs 25.4 million at Rs 244.03 on NSE.

Dolly Khanna owns 243,400 shares or 1.48% stakes in exploration firm at the end June quarter,