Spencer's Retail stock surges 14% in today’s trade

The latest shareholding pattern of the company showed that ace investor Radhakishan Damani bought 16,61,324 equity shares (representing 2.09% of total paid-up equity) during the quarter ended December 2019.

Jan 21, 2020 07:01 IST India Infoline News Service

Stock up
Shares of Spencer’s Retail surged 14% after promoter Radhakishan Damani’s name appeared in the December quarter shareholding pattern of the company.

The latest shareholding pattern of the company showed that ace investor Radhakishan Damani bought 16,61,324 equity shares (representing 2.09% of total paid-up equity) during the quarter ended December 2019.

The stock is currently trading at Rs85.80, up 15% from its previous closing of Rs74.60 on the BSE.

The scrip opened at Rs74.55 and has touched a high and low of Rs87.90 and Rs74.50 respectively.

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