Damani Estate buys United Spirits shares worth Rs 10 cr

Aug 28 2013, 20:15 IST
Comments 0
Damani Estate & Finance today picked up more than 51,000 shares of United Spirits for over Rs 10 crore. Damani Estate & Finance today picked up more than 51,000 shares of United Spirits for over Rs 10 crore.
SummaryDamani Estate & Finance today picked up more than 51,000 shares of United Spirits for over Rs 10 crore.

Damani Estate & Finance today picked up more than 51,000 shares of United Spirits for over Rs 10 crore.

Damani Estate & Finance bought 51,500 shares of United Spirits from Bright Star Investments through open market transactions, stock exchange data showed.

The shares were purchased at an average price of Rs 2,030, valuing the transaction at Rs 10.45 crore, it added.

This is in addition to 33,500 shares of United Spirits acquired by Damani Estate & Finance last week from Bright Star Investments for over Rs 7 crore.

Yesterday, the Chennai-based Empee Distilleries had inked pact with United Spirits for manufacturing Indian made foreign liquor.

United Spirits shares today fell 2.59 per cent to settle at Rs 2,064.40 apiece on the BSE.

Ads by Google
Reader´s Comments
| Post a Comment
Please Wait while comments are loading...