Shares of
S H Kelkar and Co hit the upper circuit at Rs183.70 on the BSE post block deals on the stock exchange. Around 14.12 million equity shares, representing 9.99% of the total equity of the company changed hands on the BSE. The names of the buyers and sellers are not ascertained immediately.
According to the shareholding pattern data on September 30 showed, Blackstone Capital Partners (Singapore) held 14.43 million shares or a 10.22 per cent stake in SHK. While, foreign promoter, KNP Industries Pte Limited held a 15.23 million or 10.78 per cent stake in the company.
The stock at Rs183.70 up by Rs30.6 or 19.99% from its previous closing of Rs153.10 on the BSE. The scrip opened at Rs156.05 and has touched a high and low of Rs183.70 and Rs155.70 respectively.