Block deal seen in IFB Agro on BSE of 7,81,850 lk shrs, ie 9.76%
Block deal seen in IFB Agro on BSE of 7,81,850 lk shrs, ie 9.76%; likely to be an inter-promoter transfer; stock shines
A block deal was seen in IFB Agro on BSE of 7,81,850 lakh shares, ie 9.76% of equity. It is likely to be an inter-promoter transfer. Promoters of IFB Pvt Ltd holds 9.76% stake in the company. No public shrholder holds more than 6.84%. The company had indicated 22.79% inter-promoter transfer to BSE on October 28. The first tranche was done via block deal today. Quantum still left is 13.03%.IFB Agro touched an intra day high of Rs 70.15 and an intra day low of Rs 65 and at 15:17 PM, the share was quoting at Rs 70.15, up Rs 3.30, or 4.94%. There were pending buy orders of 16,601 shares, with no sellers available. It was trading with volumes of 1,633,788 shares, compared to its 5-day average of 963 shares, an increase of 169,520.85%. Yesterday the share closed up 3.97% or Rs 2.55 at Rs 66.85.
Related posts:
