Bulk Deals | Shankar Sharma buys 4.4% stake in Ishan Dyes

Stocks

Promoter Piyushbhai Natvarlal Patel sells 20 lakh equity shares or 12.52 percent stake in Ishan Dyes at Rs 123.83 per share.

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Ace investor Shankar Sharma on February 8 acquired a 4.38 percent equity stake in Ishan Dyes & Chemicals via open market transactions on the BSE. The stock hit a fresh 52-week high of Rs 142, before closing with 14.70 percent gains at Rs 138.50, and market capitalisation of Rs 221.16 crore.

Shankar Sharma bought 7 lakh shares in the company at Rs 121.71 per share and Standard Greases and Specialities purchased 1 lakh shares at Rs 123 per share, as per the BSE bulk deals data.

However, promoter Piyushbhai Natvarlal Patel sold 20 lakh equity shares or a 12.52 percent stake in Ishan Dyes at Rs 123.83 per share. Total promoter shareholding in the company was at 58.52 percent including a 24.86 percent stake held by Piyushbhai Natvarlal Patel.

Among other deals, Care Wealth Advisors LLP acquired 1.6 lakh shares in Osia Hyper Retail at Rs 315 per share. However, Sumit R Haran sold 1,30,800 equity shares at Rs 315 per share on the NSE.

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Param Capital bought 1.25 lakh shares in Shankara Building Products at Rs 583.27 per share on the NSE. The stock gained 3.65 percent to close at Rs 598.30.

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