VST Industries, a company partially owned by Radhakishan Damani, saw its shares rise 4% after announcing the sale of its Hyderabad property for ₹101.7 crore. The buyer is not affiliated with the promoter or promoter group. Despite the recent surge, the stock has experienced declines over the past six months.
Stocks including Zomato, Escorts Kubota, RVNL, Cochin Shipyard, Alembic Pharma, RITES, Auro Pharma, HG Infra, CESC and more will be in the spotlight on Monday, November 26.
Stock Market today | Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for November 25, 2024.
Investor wealth, as suggested by the BSE m-cap, fell Rs 8.14 lakh crore to Rs 435.64 lakh crore compared with a valuation of Rs 443.79 lakh crore recorded in the previous session.
D Mart founder Radhakishan Damani, a public shareholder of VST Industries Ltd., offloaded a 0.64% stake worth Rs 4.39 crore through open market transactions on Thursday. Damani, one of the largest shareholders in VST Industries, sold 1 lakh shares at Rs 439.19 apiece. As of June, Damani directly held a 3.47% stake. Reliance Mutual Fund bought 0.85 lakh shares or a 0.55% stake at Rs 439.96 apiece, while Thrift Savings Plan mopped up 0.83 lakh shares or a 0.54% stake.
Investor Radhakishan Damani, a public shareholder of VST Industries Ltd., offloaded a 0.64% stake worth Rs 4.39 crore through open market transactions on Tuesday. Damani, one of the largest shareholders in VST Industries, sold 1 lakh shares at Rs 439.19 apiece, according to block deal data on the NSE. As of June 30, the DMart founder directly held a 3.47% stake in the company. Shares of VST Industries closed 0.35% lower at Rs 444 apiece, compared to a 0.14% advance in the NSE Nifty 50.
Indian equity indices closed lower on Thursday, with Reliance Industries' weakness reversing early gains. The Nifty 50 fell 0.21% to 25,145, and the Sensex dropped 0.18% to 82,201. Analysts anticipate consolidation within a 25,000–25,350 range ahead of key US economic data.