India Cements strengthens as Damani hikes stake

India Cements strengthens as Damani hikes stake

by admin- Thursday, March 26th, 2020 03:52:31 PM

India Cements surges via 10% to Rs. One hundred and five, after billionaire Radhakishan Shivkishan Damani sold sixteen lakh shares of the agency thru a bulk deal.

On sixteen March 2020, India Cements said that Gopikishan Damani, Radhakishan Damani, Shrikantadevi Damani and Derive Investments (whose companions are Radhakishan S. Damani and Gopikishan S. Damani) picked up 1.24 crore stocks or 4.01% stake through open marketplace purchases between 27 February and sixteen March, elevating stake to 16% from 11.Ninety eight%.

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