Donear Industries up 20% for second straight day
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Donear Industries has locked in upper circuit for the second straight day, up 20% at Rs 24, also its 52-week high on the BSE.
The counter has seen huge trading volumes with a combined 3.24 million shares changed hands till 10:58 AM as compared to sub one million shares that were traded daily in past two weeks. There were pending buy orders for 1.5 million shares on the BSE and NSE.
On December 7, 2015 Merrill Lynch Capital Markets ESPANA S.A. SVB offloaded part of its holding in textile firm through open market.
The overseas investor had sold 1.45 million shares of Donear Industries at Rs 19.63 on the NSE and sold 551,000 shares at Rs 19.99 on the BSE, the bulk deal data shows.
Merrill Lynch Capital Markets ESPANA S.A. SVB had 7.19% or 3.74 million shares in Donear Industries as of September 30, 2015. The name of the buyers not identified.
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