UTI Midcap Fund buys Grindwell Norton Limited for 24.77 crore

UTI Mutual Fund’s Midcap Fund buys 3,32,519 shares of Grindwell Norton Limited for price of 745.00 each with overall valuation of 24,77,26,655 rupees in a bulk deal in National Stock Exchange. Out of that 3,32,519 shares, Meheru Soarab Mehta have sold 3,00,000 shares. As per the share holding pattern as of Sep 30, 2015, he had 6,43,040 shares in Grindwell Norton Limited.

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Vmart Retail Ltd hits upper circuit

In a bulk deal reported today, Commonwealth of Pennsylvania Public School Employees Retirement System have bought 1,35,000 Vmart Retail Ltd shares for price of Rs. 573.91 per share. The overall value of the deal was Rs. 7,74,77,850.00. This huge volume has triggered the upper circuit limit of 586.90. The stock has closed at 586.90, it went up by 97.80 or 20.00% with overalll volume of 5,91,197 shares. Vmark’s 52 weeks high is at 650 and 52 weeks low at 425.

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