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RK Damani bought 3.5% stake in Bhagiradha Chemicals; Jumps 17%
short by / on Thursday, 6 June, 2024
Bhagiradha Chemicals & Industries Ltd witnessed a 17% rise in shares after Derive Trading and Resorts Private Limited, linked with Radhakishan Damani, acquired a 3.5% stake worth ₹81.17 crore. Concurrently, public shareholder Chetan Shantilal Shah sold his complete 4.31 million shares via block deal. The company specializes in producing agrochemicals, including pesticides and insecticides.
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