Standard Greases and Specialities, a joint promoter has acquired stake in Tide Water Oil (India) through open market. The promoter purchased a total 57,837 shares of the company through bulk deals on September 18, 2017. Of total it purchased 34,673 shares at Rs 5,748.56 per share on the BSE, while it bought 23,164 shares at Rs 6,067.27 per share on the NSE.
The company is a part of the multi divisional Andrew Yule group that has diverse interests in Engineering, Electrical, Tea Cultivation, Power Generation, Digital Communication Systems and Lubricants.