Abakkus Growth Fund -1 buys 1.2% in Lux Industries

MUMBAI: Investor Sunil Singhania’s Abakkus Growth Fund - 1 bought 3 lakh shares of knitwear manufacturer Lux Industries on Wednesday, NSE bulk deal data showed. The fund bought the shares, amounting to 1.2 per cent stake, at Rs 1,228.04 apiece. The data separately showed that Monet Securities sold 2.5 lakh shares at Rs 1,230.08 apiece. Shares of Lux Industries ended up 1.7 per cent at Rs 1,261.75 on the BSE on Wednesday. The stock has fallen 28.3 per cent in the last one year.