N Muthulakshmi, Promoter of Magna Electro Castings Ltd increases stake to 17.13%

MAGNA ELECTRO CASTINGS LTD.'s Promoter, N MUTHULAKSHMI has purchased 156000 equity shares of the company through Off Market deal. The shares were bought for a total amount of Rs. 27300000.

With this acquisition, the shareholding of N MUTHULAKSHMI has increased from 629091 (13.73%) to 785091 (17.13%). The shares were acquired during the period 12/1/2018 to 12/4/2018.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
N MUTHULAKSHMI	156000	12/1/2018 to 12/4/2018	629091 (13.73%)	785091 (17.13%)

Shares of the company was last trading in BSE at Rs.190.9 as compared to the previous close of Rs. 179.1. The total number of shares traded during the day was 15444 in over 218 trades.

The stock hit an intraday high of Rs. 194 and intraday low of 183. The net turnover during the day was Rs. 2920162.

Source : Equity Bulls

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