Ravi PNC Menon raises stake in Sobha Ltd through market purchase of 29 lakh shares

Sobha Limited's Promoter Group, RAVI PNC MENON has purchased 2900000 equity shares of the company through Market Purchase in BSE. The shares were bought for a total amount of Rs. 1441219960.

With this acquisition, the shareholding of RAVI PNC MENON has increased from 63985 (0.07%) to 2963985 (3.13%). The shares were acquired during the period 4/3/2019 to 4/3/2019.

Promoter Entity	Shares Acquired / Sold	Date / Period	Holding - Pre Transaction	Holding - Post Transaction
RAVI PNC MENON	2900000	4/3/2019 to 4/3/2019	63985 (0.07%)	2963985 (3.13%)

Shares of the company was last trading in BSE at Rs.493 as compared to the previous close of Rs. 482.8. The total number of shares traded during the day was 6652 in over 290 trades.

The stock hit an intraday high of Rs. 498.25 and intraday low of 489.15. The net turnover during the day was Rs. 3291758.

Source : Equity Bulls

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