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Bajaj Holdings and Investment Ltd increases stake in Bajaj Auto Ltd to 32.81%



Posted On : 2019-03-17 14:20:33( TIMEZONE : IST )

Bajaj Holdings and Investment Ltd increases stake in Bajaj Auto Ltd to 32.81%

BAJAJ AUTO LTD.'s Promoter, BAJAJ HOLDINGS AND INVESTMENT LIMITED has purchased 628437 equity shares of the company through Market Purchase in NSE. The shares were bought for a total amount of Rs. 1893316762.

With this acquisition, the shareholding of BAJAJ HOLDINGS AND INVESTMENT LIMITED has increased from 94314508 (32.59%) to 94942945 (32.81%). The shares were acquired during the period 3/12/2019 to 3/14/2019.

Promoter EntityShares Acquired / SoldDate / PeriodHolding - Pre TransactionHolding - Post Transaction
BAJAJ HOLDINGS AND INVESTMENT LIMITED454373/12/2019 to 3/12/201994314508 (32.59%)94359945 (32.61%)
BAJAJ HOLDINGS AND INVESTMENT LIMITED5830003/14/2019 to 3/14/201994359945 (32.61%)94942945 (32.81%)

Shares of the company was last trading in BSE at Rs.3022.3 as compared to the previous close of Rs. 3010.5. The total number of shares traded during the day was 23595 in over 1086 trades.

The stock hit an intraday high of Rs. 3030 and intraday low of 2984.75. The net turnover during the day was Rs. 71180775.

Source : Equity Bulls

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