Insider buying reported in Alembic Ltd

Nirayu Private Limited, part of promoter group of Alembic Ltd has bought 1,49,268 equity shares of the company for a total consideration of Rs. 7,043,013.00 through market purchase on September 17, 2019 and September 18, 2019.

With this, the promoter group entity's stake in the company has increased from 1,48,964,331 equity shares (58.01%) to 1,49,113,599 equity shares (58.07%).

Shares of ALEMBIC LTD. was last trading in BSE at Rs.50.8 as compared to the previous close of Rs. 48.35. The total number of shares traded during the day was 189749 in over 1437 trades.

The stock hit an intraday high of Rs. 52.2 and intraday low of 48.35. The net turnover during the day was Rs. 9591004.

Source : Equity Bulls

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