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VST Industries shares prolonged positive aspects and clocked their 52-week excessive of Rs 4,328.45 apiece on Wednesday, January 3, after hitting an higher circuit of 20 per cent in the day past’s commerce. The upward motion within the inventory got here after veteran investor Radhakishan Shivkisan Damani purchased 2.2 lakh shares, or a 1.45 per cent stake within the firm, at Rs 3,390 apiece.
At round 9:44 a.m., shares of VST Industries have been up 1.71 per cent or Rs 69.35, at Rs 4134.65 apiece. The market capitalisation of the corporate stood at Rs 6,428.39 crore.
As per bulk deal information on the BSE, other than Radhakishan Shivkisan Damani, SBI Mutual Fund purchased 2,25,000 shares at Rs 3,390 apiece within the cigarettes and tobacco maker. However, HDFC Mutual Fund bought 2,00,000 shares for Rs 3,390.13 apiece, and DSP Mutual Fund bought 2,50,000 shares for Rs 3,390 apiece.
All of the above transactions occurred on January 2.
Damani, the Avenue Supermart’s promoter, already owns 30.7 per cent of the corporate by means of his funding autos Derive Buying and selling and Vibrant Star.
Earlier in December 2022, Radhakishan Damani had bought 109,000 shares in VST Industries, which interprets to a 0.71 per cent stake by means of a bulk deal, and a block deal, the ace investor bought a 0.60 per cent stake, which is 93,000 shares at a median worth of Rs 3,520 apiece.
As per Trendlyne, Radhakishan Damani publicly holds 14 shares with a internet price of over Rs 183,335.6 crore.
VST Industries share worth: Previous efficiency
Shares of VST Industries have risen over 26 per cent in a yr, in opposition to the Nifty 50’s rise of over 18 per cent.
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