Promoter Group entity buys shares of Panama Petrochem Ltd through market purchase

Ittefaq Ice and Cold Storage Co. Pvt Ltd, promoter group entity of PANAMA PETROCHEM LTD. has bought 27,841 equity shares of the company for an amount of Rs. 4132874.00 through open market purchase on June 5, 2018 and June 6, 2018.

Prior to the purchase, the entity had 2162595 equity shares or 3.57% stake in the company, which has increased to 2190436 equity shares or 3.62% stake.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
Ittefaq Ice and Cold Storage Co. Pvt Ltd	27,841	June 5, 2018 - June 6, 2018	2162595 (3.57%)	2190436 (3.62%)

Shares of PANAMA PETROCHEM LTD. was last trading in BSE at Rs.157.95 as compared to the previous close of Rs. 141.65. The total number of shares traded during the day was 7519 in over 174 trades.

The stock hit an intraday high of Rs. 161.9 and intraday low of 140.4. The net turnover during the day was Rs. 1171315.

Source : Equity Bulls

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