Shares of Ramco Units have been locked in the 10 per cent higher circuit band for the fifth straight day, at Rs 146.70 on the National Stock Trade (NSE) on Tuesday. The stock has surged above 90 for each cent in the past just one week immediately after trader Vijay Kedia obtained a stake in the firm by means of open market final week.

The inventory of the IT consulting & software package business has zoomed 91 for each cent in the earlier 5 buying and selling times from a stage of Rs 76.65 on touched June 9, 2020.





On June 10, 2020, ace investor Vijay Kishanlal Kedia purchased 339,843 shares, representing 1.1 for every cent of the complete equity of Ramco Programs, for about Rs 3 crore. He bought these shares at an normal price of Rs 87.82 for every share by way of a block deal on the NSE, the trade information displays.

The name of sellers was not ascertained instantly.

Vijay Kedia experienced nil holding in the enterprise till the end of December quarter, shareholding pattern info reveals.

Till 09:58 am, all around 964,000 equity shares have changed hands and there had been pending buy orders for 1,000 shares on the BSE and NSE.

On sizeable motion in the price of security throughout inventory exchanges, Ramco Units has clarified that “at existing there are no activities, info or any other price delicate details that may possibly have a bearing on the operation / performance of the Organization which are to be disclosed to the inventory exchanges”. Study Listed here

In the meantime, the board of directors of the firm is scheduled to meet on Friday, June 19, 2020, to contemplate the audited monetary benefits for the quarter and year ended March 31, 2020.

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