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Bajaj Auto Ltd purchases 90000 shares of Bajaj Holdings & Investment Ltd to increase stake to 2.61%



Posted On : 2019-03-29 10:04:35( TIMEZONE : IST )

Bajaj Auto Ltd purchases 90000 shares of Bajaj Holdings & Investment Ltd to increase stake to 2.61%

BAJAJ HOLDINGS & INVESTMENT LTD.'s Promoter, Bajaj Auto Ltd. has purchased 90000 equity shares of the company through Market Purchase in NSE. The shares were bought for a total amount of Rs. 296979689.

With this acquisition, the shareholding of Bajaj Auto Ltd. has increased from 2820050 (2.53%) to 2910050 (2.61%). The shares were acquired during the period 3/26/2019 to 3/27/2019.

Promoter EntityShares Acquired / SoldDate / PeriodHolding - Pre TransactionHolding - Post Transaction
Bajaj Auto Ltd.94133/26/2019 to 3/26/20192820050 (2.53%)2829463 (2.54%)
Bajaj Auto Ltd.181003/27/2019 to 3/27/20192829463 (2.54%)2847563 (2.56%)
Bajaj Auto Ltd.624873/27/2019 to 3/27/20192847563 (2.56%)2910050 (2.61%)

Shares of the company was last trading in BSE at Rs.3553 as compared to the previous close of Rs. 3291.25. The total number of shares traded during the day was 3763 in over 687 trades.

The stock hit an intraday high of Rs. 3750 and intraday low of 3254.4. The net turnover during the day was Rs. 13312869.

Source : Equity Bulls

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