Comments
Shares of Tata Motors on Friday soared by nearly 6 per cent after the company said its Chairman, Mr Ratan Tata purchased 4,25,000 shares for Rs 9.93 crore in the company through the open market route.
The heavyweight counter settled at Rs 240.05, up 5.75 per cent on the BSE. During the day, the scrip shot up by 6.36 per cent to Rs 241.45.
At the NSE, Tata Motors was up 5.65 per cent at Rs 239.50.
On the volume front, 33.43 lakh shares were traded on the BSE, while more than one crore shares changed hands on the NSE during the day.
“Ratan N Tata has purchased 4,25,000 ordinary shares of the company having a face value of Rs 2 each on National Stock exchange (NSE),” Tata Motors Ltd said in a disclosure to the BSE.
The buy value of the shares is Rs 9.93 crore at the purchase rate of Rs 233.87 per share, it added.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.