Alaukik Mines and Power has sold 2.44 lakh shares of Gini Silk Mills through the open market route. The shares were sold on an average price of Rs 65.33 valuing the transaction to Rs 1.59 crore. On the other hand, Hem Chand Jain has bought 2 lakh shares in the company for an average price of Rs 65, through open market route valuing the transaction at Rs 1.30 crore.
Gini Silk Mills’ principal activity is to manufacture woven and printed fabrics. Its products include synthetic woven fabrics, dyeing bleaching printing of synthetic fabrics and dyeing bleaching printing of polyester cotton fabrics.
