On Monday, February 19, New World Fund Inc (10.6 million equity shares) and Smallcap World Fund Inc (5.3 million shares) had collectively sold 15.9 million shares of Vakrangee for Rs 4,033 million.
The stock up 5% at Rs 212 after the board approved the current one time capital allocation policy with Rs 13.72 billion to be utilized through share buyback, dividend payout and re-invest in business
The stock locked in upper circuit of 5% at Rs 202, recovering 10% from its early morning low of Rs 183 on BSE
While PC Jeweller, the company in which Vakrangee had purchased 0.5% has recovered, the latter continues to be under selling pressure
The stock locked in 10% lower circuit at Rs 237, falling 53% in past six trading days from Rs 505 on January 25, 2018.
In the past four trading days, the market value of Vakrangee tanked 42% as compared to 0.36% rise in the S&P BSE Sensex.
The stock locked in lower circuit of 20% at Rs 336, falling 33% in past three trading days from Rs 505 on January 25, 2018
The stock hit a new high of Rs 659, rallied 25% since November 3, after the company said its board will meet to consider issue of bonus shares.
The stock up 6% to Rs 559 on the BSE in noon deal after the company said that its board will meet on November 13, 2017 to consider issue of bonus shares
The stock hit a new high of Rs 354, up 5% on BSE in intra-day trade on back of heavy volumes.
The stock hit an intra-day low of Rs 257, fell 11% from its record high of Rs 288 touched in early morning trade on the NSE
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The stock dipped 6.5% to Rs 172 after more than four million shares have changed hands on the BSE and NSE.
The stock was up 3% at Rs 220, also its fresh record high on the BSE.
The hit a record high of Rs 215, rallied 41% in past three months as compared to 10% fall in the Sensex.