Anand Mahindra sells 13617 shares of Mahindra Ugine Steel

Anand Mahindra has sold 13617 equity shares or 0.04% of stake in Mahindra Ugine Steel Company Limited on June 24, 2014.

This was notified by him in a disclosure under Reg.13(4) of SEBI (Prohibition of Insider Trading) Regulations, 1992. The sale was done at National Stock Exchange through Kotak Securities Limited. He has zero holdings after this sale in the company.

The share of Mahindra Ugine has been on a roll in the last few days with the stock jumping up by 40% in last 2 days.

Shares of MAHINDRA UGINE STEEL CO.LTD. was last trading in BSE at Rs.428.05 as compared to the previous close of Rs. 359.55. The total number of shares traded during the day was 377643 in over 11601 trades.

The stock hit an intraday high of Rs. 431.45 and intraday low of 372. The net turnover during the day was Rs. 158813191.

Source : Equity Bulls

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