Promoters of Alkem Laboratories Ltd increase stake through market purchase

The promoter of Alkem Laboratories Ltd, Mr. Mritunjay Kumar Singh and Meghna Singh have bought shares of the company through open market purchase on June 4, 2018 and June 5, 2018.

Mr. Mritunjay Kumar Singh has bought a total of 12000 equity shares during the above mentioned period, which has increased his stake in the company from 7511875 equity shares or 6.28% to 7523875 equity shares or 6.29%.

Meghna Singh has bought 2000 shares on June 5, 2018 which has increased her stake from 1204150 equity shares or 1.01% to 1206150 equity shares or 1.01%.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
Mritunjay Kumar Singh	531	June 4, 2018	7511875 (6.28%)	7512406 (6.28%)
Mritunjay Kumar Singh	8,554	June 4, 2018	7512406 (6.28%)	7520960 (6.29%)
Mritunjay Kumar Singh	1,000	June 5, 2018	7520960 (6.29%)	7521960 (6.29%)
Mritunjay Kumar Singh	1,915	June 5, 2018	7521960 (6.29%)	7523875 (6.29%)
Meghna Singh	2,000	June 5, 2018	1204150 (1.01%)	1206150 (1.01%)

Shares of Alkem Laboratories Ltd was last trading in BSE at Rs.1940 as compared to the previous close of Rs. 1912.85. The total number of shares traded during the day was 972 in over 179 trades.

The stock hit an intraday high of Rs. 1955.1 and intraday low of 1895. The net turnover during the day was Rs. 1878142.

Source : Equity Bulls

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