Pondy Oxides & Chemicals’ (POCL) promoter Manju Bansal has divested 2.94% stake in the company through an open market transaction worth Rs 114.32 crore. Manju Bansal has sold 9 lakh shares of the company. The shares were offloaded at an average price of Rs 1,270.27 apiece.
Meanwhile, ICICI Prudential Mutual Fund has acquired 4.72 lakh shares, representing 1.54% of total shareholding, of the company for Rs 59.94 crore. The shares were acquired at an average price of Rs 1,270 apiece.
POCL is a diversified company with its presence in the metals, metallic oxides, PVC stabilizers and lead acid batteries.
| Company Name | CMP |
|---|---|
| Hindalco Industries | 952.65 |
| Vedanta | 280.30 |
| Hindustan Zinc | 536.75 |
| Jain Resource Recycl | 364.55 |
| CMR Green Tech | 244.00 |
| View more.. | |
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