Porinju Veliyath's firm buys 3 lakh shares of Shalimar Paints Ltd from market

Ace investor Porinju Veliyath's firm Equity Intelligence India Private Limited has bought 3 lakh shares of Shalimar Paints Ltd through bulk deal in NSE today. The shares were bought at a price of Rs. 67.17 per share.

Atul Goel has sold 335967 equity shares at a price of Rs. 67.38 per share and Rajasthan Global Securities Pvt Ltd has sold 255334 shares at a price of Rs. 67.3 per share.

The company had recently issued 31143042 equity shares of Rs. 2 each at a premium of Rs. 62.50 on rights basis. The shares issued in the rights issue will be listed in markets from tomorrow - January 10, 2019.

Shares of SHALIMAR PAINTS LTD. was last trading in BSE at Rs.68.8 as compared to the previous close of Rs. 70.2. The total number of shares traded during the day was 43132 in over 340 trades.

The stock hit an intraday high of Rs. 69 and intraday low of 66.4. The net turnover during the day was Rs. 2909071.

Source : Equity Bulls

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