Greaves Cotton share price hits 52-week high, logs 9% intraday gain as Vijay Kedia buys 12 lakh company stocks
- Vijay Kedia portfolio: According to the NSE bulk deals, the ace investor has bought 12 lakh shares of Greaves Cotton in the name of his company Kedia Securities.
Vijay Kedia portfolio: Greaves Cotton shares were under the radar of the Indian stock market bulls on Tuesday, December 10 as ace investor Vijay Kedia bought 12 lakh company shares in the name of his company Kedia Securities.
Vijay Kedia bought these shares in a bulk deal on December 9, 2024, i.e. on Monday. Vijay Kedia bought 12 lakh Greaves Cotton shares at ₹208.87 apiece. Vijay Kedia's Greaves Cotton investment details are available under the NSE bulk deals data.
Greaves Cotton share news
After this Vijay Kedia's latest news, Greaves Cotton share price today opened with an upside gap at ₹228.40 apiece on the NSE and touched an intraday high of ₹233.65 per share within a few minutes of the Opening Bell, recording an intraday rally of around 9 per cent. While climbing to this intraday high, Greaves Cotton share price also touched a new 52-week high.
Vijay Kedia's Greaves Cotton investment details
According to the information available on NSE, Vijay Kedia bought 12 lakh Greaves Cotton shares in a bulk deal executed on Monday, December 9, 2024. He bought these shares in the name of his company, Kedia Securities, paying ₹208.87 apiece. So, Vijay Kedia made a whopping investment of ₹25,06,44,000 or ₹25.06 crore.
According to Greaves Cotton Limited's shareholding pattern for the July to September 2024 quarter, neither Vijay Kedia nor Kedia Securities appears on the list of individual company shareholders. The exchange rule says that a listed company must share the names of each shareholder who owns more than one per cent of the company's total shares.
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