Man Infraconstruction Ltd rallies 9% as Rakesh Jhunjhunwala buys 30 lakh shares

New Delhi: Man Infraconstruction rallied as much as 8.8 per cent in trade on Friday, after Rakesh Jhunjhunwala picked up 30 lakh shares of Man Infraconstruction for about Rs 11 crore through the open market
man infraconstruction ltd rallies 9 as rakesh...
India TV Business Desk 30 Jan 2015, 02:35 PM IST

New Delhi: Man Infraconstruction rallied as much as 8.8 per cent in trade on Friday, after Rakesh Jhunjhunwala picked up 30 lakh shares of Man Infraconstruction for about Rs 11 crore through the open market route.

At 1:38 pm, Man Infraconstruction was trading 2.95 per cent higher at Rs 46.15. It hit a low of Rs 43.65 and a high of Rs 47.25 in trade today.

Jhunjhunwala has reportedly purchased 30,00,000 shares of Man Infraconstruction at a price of Rs 36 per share, valuing the transaction at Rs 10.8 crore, PTI reported.

 

 
   
 

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