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Bajaj Holdings and Investment Ltd increases stake in Bajaj Auto Ltd to 33.22%



Posted On : 2019-03-29 10:03:26( TIMEZONE : IST )

Bajaj Holdings and Investment Ltd increases stake in Bajaj Auto Ltd to 33.22%

BAJAJ AUTO LTD.'s Promoter, BAJAJ HOLDINGS AND INVESTMENT LIMITED has purchased 234858 equity shares of the company through Market Purchase in NSE. The shares were bought for a total amount of Rs. 696402769.

With this acquisition, the shareholding of BAJAJ HOLDINGS AND INVESTMENT LIMITED has increased from 95877050 (33.14%) to 96111908 (33.22%). The shares were acquired during the period 3/25/2019 to 3/27/2019.

Promoter EntityShares Acquired / SoldDate / PeriodHolding - Pre TransactionHolding - Post Transaction
BAJAJ HOLDINGS AND INVESTMENT LIMITED495593/25/2019 to 3/25/201995877050 (33.14%)95926609 (33.15%)
BAJAJ HOLDINGS AND INVESTMENT LIMITED722003/26/2019 to 3/26/201995926609 (33.15%)95998809 (33.18%)
BAJAJ HOLDINGS AND INVESTMENT LIMITED1130993/27/2019 to 3/27/201995998809 (33.18%)96111908 (33.22%)

Shares of the company was last trading in BSE at Rs.2941.15 as compared to the previous close of Rs. 2986.7. The total number of shares traded during the day was 39321 in over 4522 trades.

The stock hit an intraday high of Rs. 3020 and intraday low of 2911. The net turnover during the day was Rs. 116183475.

Source : Equity Bulls

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