Vardhman Textiles stock gains 2% as Franklin Templeton MF buys shares
Shares of Vardhman Textiles snapped a three-session losing streak to rise today as Franklin Templeton Mutual Fund bought 1.2% stake in the company on Friday.
The fund house bought the 7.15 lakh shares at Rs 1,300 apiece on the BSE. Mahavir share trust sold 6.9 lakh shares or 1.2% equity stake at Rs 1,300.02 each.
As on Sep 30, Franklin Templeton Mutual Fund held 1.6% stake in the company, BSE data showed.
The stock is currently trading at Rs1309.3, up by Rs28.65 or 2.24% from its previous closing of Rs1280.65 on the BSE. The scrip opened at Rs1292.45 and has touched a high and low of Rs1331 and Rs1289 respectively.
The promoters holding in the company stood at 62.3% while Institutions and Non-Institutions held 24.03% and 13.67% respectively.
The fund house bought the 7.15 lakh shares at Rs 1,300 apiece on the BSE. Mahavir share trust sold 6.9 lakh shares or 1.2% equity stake at Rs 1,300.02 each.
As on Sep 30, Franklin Templeton Mutual Fund held 1.6% stake in the company, BSE data showed.
The stock is currently trading at Rs1309.3, up by Rs28.65 or 2.24% from its previous closing of Rs1280.65 on the BSE. The scrip opened at Rs1292.45 and has touched a high and low of Rs1331 and Rs1289 respectively.
The promoters holding in the company stood at 62.3% while Institutions and Non-Institutions held 24.03% and 13.67% respectively.
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