Noble Communications Bought huge number of shares of Gujarat Heavy Chemicals
Yesterday, the news was on limelight that the J P Financial Services sold 29,38,751 shares of Gujarat Heavy Chemicals. The price of each share was Rs 278.50 on the BSE. Gujarat Heavy Chemicals was promoted in 1987 in the joint sector by the GIIC and the Dalmias.
On 16 March 2018, Noble Communications bought 29,38,751 number of shares. The company took of shares at price of Rs 278.50. It was observed on Friday that the Gujarat Heavy Chemicals ended at Rs 277.15, up Rs 7.75, or 2.88 percent on the BSE.
On January, the share touched its 52-week high Rs 357.50. While on 27 September, it touched its 52-week low Rs 203.65.
At present, the share is trading 22.48 percent below its 52-week high and 36.09 percent above its 52-week low.