Emkay Global surges as Porinju Veliyath buys stake
Reacting to the development, the scrip gained 10 per cent to hit a high of Rs 67.60 on the BSE. The stock has slipped 20 per cent in the year so far.
By ET Online |
NEW DELHI: Shares of Emkay Global Financial Services ended higher by 2.27 per cent on Thursday, extending their rally from 20 per cent on Wednesday, after ace value investor Porinju Veliyath bought 130,000 shares of the company in a bulk deal on Wednesday.
The purchase was made at the price of Rs 56.93 per share, the stock was trading at Rs 51/share on May 31.
Reacting to the development, the scrip gained 10 per cent to hit a high of Rs 67.60 on the BSE. The stock has slipped 20 per cent in the year so far.
The purchase was made at the price of Rs 56.93 per share, the stock was trading at Rs 51/share on May 31.
Reacting to the development, the scrip gained 10 per cent to hit a high of Rs 67.60 on the BSE. The stock has slipped 20 per cent in the year so far.
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