VST Industries jumps 3.42% after Radhakishan Damani bought 2.33 lakh shares in firm
Damani has bought 2.33 lakh (1.5 per cent) shares of the company at Rs 3,689.96 per share. The estimated worth of the shares bought is Rs 86.25 crore. HDFC Mutual Fund has sold 3.3 lakh (2.1 per cent) shares at Rs 3,690 per share.
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VST Industries, started as the Vazir Sultan Tobacco Company Limited, on November 10, 1930, is into the manufacturing and sale of cigarettes and unmanufactured tobacco. Photo: VST Industries official website/Representational
VST Industries jumped over 3.40 per cent on BSE on Tuesday (April 16, 2024) after renowned investor Radhakishan Shivkishan Damani bought 2.33 lakh shares of the company in a bulk deal.
The stock of the company rose by 3.42 per cent to the day's high of Rs 3,816.00 after the previous close of Rs 3,689.90.
The stock that opened at Rs 3,762.20 was trading up by 2.47 per cent, or Rs 91.25, at Rs 3,781.15 at 9:58 am on Tuesday.
VST Industries Bulk Deal: Buyer and seller
Damani has bought 2.33 lakh (1.5 per cent) shares of the company at Rs 3,689.96 per share.
The estimated worth of the shares bought is Rs 86.25 crore.
HDFC Mutual Fund has sold 3.3 lakh (2.1 per cent) shares at Rs 3,690 per share.
The total worth of the sold shares is estimated to be Rs 122 crore.
What does VST Industries do?
VST Industries, started as the Vazir Sultan Tobacco Company Limited, on November 10, 1930, is into the manufacturing and sale of cigarettes and unmanufactured tobacco.
It changed its name to the present one on April 30, 1983.
It has its registered office at Azamabad, Hyderabad.
It has a manufacturing facility at Hyderabad and Toopran (Telangana).
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Written By: ZeeBiz WebTeam
Updated: Tue, Apr 16, 2024
10:17 AM IST
10:17 AM IST
New Delhi, ZeeBiz WebDesk
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