Shares of Gujarat Industries Power Company will remain in focus following ICICI Prudential Fund accumulating the company’s shares.

According to a disclosure to the bourses, the fund house, for its various schemes, bought 11.55 lakh shares, which represents 0.76 per cent stake of the paid-up capital of Gujarat Industries.

These shares were bought on September 7. Following the acquisition, the fund house’s holding in the company rose to 5.75 per cent.

Published on September 9, 2016