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Bajaj Auto Ltd increases stake in Bajaj Holdings & Investment Ltd to 1.99%



Posted On : 2019-02-28 14:42:25( TIMEZONE : IST )

Bajaj Auto Ltd increases stake in Bajaj Holdings & Investment Ltd to 1.99%

BAJAJ HOLDINGS & INVESTMENT LTD.'s Promoter Group, Bajaj Auto Limited has purchased 228459 equity shares of the company through Market Purchase in BSE. The shares were bought for a total amount of Rs. 716233519.

With this acquisition, the shareholding of Bajaj Auto Limited has increased from 1986554 (1.78%) to 2215013 (1.99%). The shares were acquired during the period 2/25/2019 to 2/26/2019.

Promoter EntityShares Acquired / SoldDate / PeriodHolding - Pre TransactionHolding - Post Transaction
Bajaj Auto Limited847062/25/2019 to 2/25/20191986554 (1.78%)2071260 (1.86%)
Bajaj Auto Limited37172/25/2019 to 2/25/20192071260 (1.86%)2074977 (1.86%)
Bajaj Auto Limited272762/26/2019 to 2/26/20192074977 (1.86%)2102253 (1.89%)
Bajaj Auto Limited1127602/26/2019 to 2/26/20192102253 (1.89%)2215013 (1.99%)

Shares of the company was last trading in BSE at Rs.3150 as compared to the previous close of Rs. 3130.1. The total number of shares traded during the day was 136139 in over 606 trades.

The stock hit an intraday high of Rs. 3175 and intraday low of 3135.55. The net turnover during the day was Rs. 428886240.

Source : Equity Bulls

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