PG Electroplast up by over 2% post Monday’s Bulk Deal

India Infoline News Service | Mumbai | October 24, 2017 12:13 IST

Shares of PG Electroplast gained by over 2% as a result of positive sentiment buildup following shares acquisition by Satpal Khattar.

In the trading hours of Tuesday, shares of PG Electroplast gain by over 2%. A day earlier, notable investor and market player, Satpal Khattar, bought 1.65 lakh shares priced at Rs 396.

His interest in the company has brought positive sentiment among the investors. PG Electroplast Ltd is currently trading at Rs 405.3, up by Rs 8.45 or 2.13% from its previous closing of Rs 396.85 on the BSE.
The scrip opened at Rs 405.45 and has touched a high and low of Rs 421.7 and Rs 401.35 respectively. So far 1.18 lakh shares were traded on the counter. The current market cap of the company is Rs 651.23 crore.

Sat Pal Khattar is an Indian born Singapore-based lawyer, businessman and community leader, known for his services to the Indian community in Singapore. He is the Founding Partner of KhattarWong and serves as the Chairman of GuocoLand Ltd.

He is the Chairman of the Khattar Holdings Group of companies and holds a Fellowship of Lee Kuan Yew Exchange. In 2011, The President of India honored Mr. Khattar with the fourth highest civilian award – The Padma Shri.

***Note: This is a NSE Chart

 

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