HDFC Mutual Fund buys 7 lakh shares of Shemaroo Entertain

Written By Unknown on Sabtu, 04 Oktober 2014 | 14.02

M/S Morgan Stanley Mauritius Company Limited sold 3,64,788 shares of Shemaroo Entertainment at Rs 176.87.

On October 01, 2014 HDFC Mutual Fund bought 2,50,000 shares of  Shemaroo Entertainment at Rs 174.60 on the BSE and 4,50,000 shares at Rs 177.04 on the NSE.

However, M/S Morgan Stanley Mauritius Company Limited sold 3,64,788 shares at Rs 176.87.

On Wednesday the share ended at Rs 171, up Re 1, or 0.59 percent. It has touched a 52-week high of Rs 181.

Shemaroo Entertainment debuted at Rs 180 per share on the bourses Wednesday. The stock opened with a gain of around 6 percent but soon settled down to Rs 171 per share within minutes of listing.

The film and entertainment business company entered the capital market with an initial public offer of 77.4 lakh shares in the price band of Rs 155-170 to raise about Rs 100 crore.


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