Greenply Industries Ltd's promoter increases stake through market purchase

S. M. Management Private Limited, part of promoter group of Greenply Industries Ltd has purchased 5,20,000 equity shares for a total consideration of Rs. 7,78,38,800.00 through market purchase. The transaction was executed on August 22, 2019.

With this transaction, the promoter group entity has increased its stake in the company from 3,16,26,965 equity shares (25.79%) to 3,21,46,965 equity shares (26.22%).

Shares of GREENPLY INDUSTRIES LTD. was last trading in BSE at Rs.143.9 as compared to the previous close of Rs. 144.7. The total number of shares traded during the day was 1528 in over 128 trades.

The stock hit an intraday high of Rs. 144.3 and intraday low of 139.8. The net turnover during the day was Rs. 216382.

Source : Equity Bulls

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