01-01-1970 12:00 AM | Source: IANS
Fineotex Chemical shares surge as Nippon India MF picks up stake
Shares of Fineotex Chemical have surged over the past two days after Nippon India Mutual Fund picked up nearly six per cent stake through the open market.
On Tuesday, its shares on the BSE hit a 52-week high of Rs 62.15 per share.
Around 11.10 a.m., shares of Fineotex Chemical were trading at Rs 59.65, higher by Rs 5.55 or 10.26 per cent from its previous close.
On Monday, Nippon India MF acquired over 66 lakh equity shares for nearly Rs 30 crore through bulk deal on the BSE, according to exchange data.
The mutual fund bought shares at a price of Rs 45.25 per share.
Latest News
Insurance Sector Update : Motor drags down overall g...
Sell Gold Below 72700 SL Above 72950 TGT 72400/72100...
Wipro shares nosedived over 9 pc after missed earnin...
Economic Survey links mental health disorders with '...
India's GDP growth for FY25 to surpass Economic Surv...
Evening Roundup : A Daily Report on Bullion Energy &...
FIIs stood as net buyers in equities as per July 22 ...
Union Budget: Experts urge government to remove 18 ...
Poonawalla Fincorp AUM up 52% YoY to Rs 26,972 crore...
Sensex ends lower ahead of Union Budget 2024-25