Reliance MF buys 3.9% stake in Texmaco via QIP
2009 September 2
Reliance MF buys 3.9% stake in Texmaco via QIP. With this, Reliance MF’s stake goes up to 6.1%. The stock has reacted well to this and it has touched a 52-week high of Rs 127.40 in today’s trade.
Texmaco touched an intra day high of Rs 127.40 and an intra day low of Rs 112.20 and at 12:22 PM, the share was quoting at Rs 123.05, up Rs 8, or 6.95%, trading with volumes of 166,963 shares, compared to its 5-day average of 151,973 shares, an increase of 9.86%.
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