Latest News | Mahindra CIE Automotive Promoter Buys Shares Worth Rs 200 Cr
Get latest articles and stories on Latest News at LatestLY. A promoter entity of automotive component supplier Mahindra CIE Automotive Ltd on Thursday bought the company's shares worth Rs 200 crore through an open market transaction.
New Delhi, May 12 (PTI) A promoter entity of automotive component supplier Mahindra CIE Automotive Ltd on Thursday bought the company's shares worth Rs 200 crore through an open market transaction.
According to bulk deal data available with BSE, Participaciones Internacionales Autometal Dossociedad Limitada purchased 1,02,36,240 shares at an average price of Rs 195 apiece.
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This took the transaction value to Rs 199.60 crore.
Separately, two entities -- Acacia Partners and Acacia Conservation Fund -- sold 83.24 lakh shares of the company in two transactions at the same price.
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The scrip of Mahindra CIE Automotive closed 1.56 per cent higher at Rs 195 on BSE.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)