Rainbow Investments Ltd has bought 7 lakh shares of Spencers Retail Ltd

Spencers Retail Ltd's Promoter, RAINBOW INVESTMENTS LIMITED has purchased 700000 equity shares of the company through Market Purchase in NSE. The shares were bought for a total amount of Rs. 97424732.

With this acquisition, the shareholding of RAINBOW INVESTMENTS LIMITED has increased from 35477979 (44.61%) to 36177979 (45.49%). The shares were acquired during the period 2/19/2019 to 2/19/2019.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
RAINBOW INVESTMENTS LIMITED	600000	2/19/2019 to 2/19/2019	35477979 (44.61%)	36077979 (45.36%)
RAINBOW INVESTMENTS LIMITED	100000	2/19/2019 to 2/19/2019	36077979 (45.36%)	36177979 (45.49%)

Shares of the company was last trading in BSE at Rs.138 as compared to the previous close of Rs. 140.5. The total number of shares traded during the day was 14075 in over 192 trades.

The stock hit an intraday high of Rs. 142 and intraday low of 136.65. The net turnover during the day was Rs. 1973765.

Source : Equity Bulls

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