Uttam Commercial Company Ltd increases stake in Srikalahasthi Pipes Limited

Srikalahasthi Pipes Limited's Promoter, Uttam Commercial Company Ltd has purchased 107000 equity shares of the company through Market in . The shares were bought for a total amount of Rs. 17786878.99.

With this acquisition, the shareholding of Uttam Commercial Company Ltd has increased from 234069 (0.5%) to 341069 (0.73%). The shares were acquired during the period 2/5/2019 to 2/6/2019.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
Uttam Commercial Company Ltd	7000	2/5/2019 to 2/5/2019	234069 (0.5%)	241069 (0.52%)
Uttam Commercial Company Ltd	100000	2/6/2019 to 2/6/2019	241069 (0.52%)	341069 (0.73%)

Shares of the company was last trading in BSE at Rs.170 as compared to the previous close of Rs. 174.35. The total number of shares traded during the day was 701216 in over 819 trades.

The stock hit an intraday high of Rs. 174.6 and intraday low of 157. The net turnover during the day was Rs. 110581577.

Source : Equity Bulls

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