Orange Mauritius buys shares from Indian Hume Pipe
Online news site moneycontrol.com reveals that Orange Mauritius Investments has purchased nearly Rs 50 million worth of equity shares of Indian Hume Pipe Company last week.
The firm has bought 2,77,500 equity shares each at Rs 90 apiece via two block deals on the BSE and NSE.
Meanwhile, Minal Bharat Patel sold same quantity of shares at same price on both exchanges. Minal Patil also bought 250 shares at Rs 90 apiece on the National Stock Exchange.
The stock lost 3.62 percent to close at Rs 90.55 amid hefty volumes on the BSE. Market capitalisation of the company currently stands at Rs 219.34 crore.
It dropped nearly 5 percent in past one month and 13 percent in one year.
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