Aries Agro jumps 14% after Vijay Kedia buys stake

Vijay Kedia bought 2.6 lakh shares or 2% equity stake in the company at Rs 199.93 each.

Oct 17, 2017 05:10 IST India Infoline News Service

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Shares of Aries Agro jumped 14% after well-known investor Vijay Kedia bought stake in the company. Vijay Kedia bought 2.6 lakh shares or 2% equity stake in the company at Rs 199.93 each.

Aries Agro Ltd is currently trading at Rs 236.6, up by Rs 28.45 or 13.67% from its previous closing of Rs 208.15 on the BSE.

The scrip opened at Rs 211.7 and has touched a high and low of Rs 242.65 and Rs 211.7 respectively. The stock is currently trading above its 200 DMA.

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