Shares of Hikal
hit 52-week high on the NSE in the morning trade after Ashish Kacholia bought nearly 2% stake in the pharmaceutical company via open market.
Ashish Kacholia acquired 20 lakh shares or 1.62% at Rs166.5 each, while the International Finance Corporation sold 39.8 lakh shares or 3.23% at Rs166.51 each, as per NSE data.
Hikal Ltd is currently trading 0.65% at Rs186.55 from its previous closing of Rs185.35 on the BSE.
The scrip opened at Rs187.80 and has touched a high and low of Rs192.30 and Rs180.20 respectively.