Shares of Religare Enterprises hit 5% upper circuit after Veteran investor Ashish Kacholia bought 40 lakh shares of Religare Enterprises through a bulk deal on NSE on January 13.
Ashish Kacholia picked up 40 lakh shares while Agrawal bought 26 lakh shares at Rs44 per share on Monday, bulk deal data on the NSE showed. Axis Bank sold 90 lakh shares of the company.
Stock view:
Religare Enterprises Ltd is currently trading at Rs49.50, up by Rs2.35 or 4.98% from its previous closing of Rs47.15 on the BSE.
The scrip opened at Rs49.50 and has touched a high and low of Rs49.50 and Rs49.50 respectively.
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