Classic Investors Services has sold 60 lakh shares of Sanghi Industries through the open market route. The shares were sold on an average price of Rs 44.62 valuing the transaction to Rs 26.77 crore.
On the other hand, Reliance Mutual Fund A/C Long Term Equity Fund has bought 32.65 lakh shares in the company for an average price of Rs 44.50, through open market route valuing the transaction at Rs 14.52 crore.
Sanghi Industries is a manufacturer of Clinker and Cement. Sanghi Cement is produced at the world’s largest single-stream cement plant located at Sanghipuram in the Abdasa Taluka of Kutch district in Gujarat.
