Reliance Net has acquired over 5% stake in EPC Industries via open market transaction on January 8, 2013. Reliance Net has purchased 1.49 million shares of the company at an average price of Rs 128 per share.
Besides Reliance Net, six other entities, including Reliance Capital Asset Management, Indea Ankam Master Fund, Meena Ashwin Kothari, Aadi Financial Advisors LLP, Shardul Securities and Morgan Stanley Asia (Singapore) PTE bought a total of 4.57 million shares in EPC Industries.
EPC provides total solution for agriculture with a focus on micro-irrigation and inter-related requirements of fustigation and agronomic support. With the initial French Technology support EPC had developed the capability to design and develop the irrigation products of international standard, satisfying every need of Indian Farmers.
Company Name | CMP |
---|---|
BHEL | 283.35 |
Bharat Electronics | 224.85 |
Thermax | 4600.00 |
Kirloskar Oil Eng | 1084.90 |
Praj Industries | 501.95 |
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