Ashish Kacholia has bought 6,99,000 shares of the company at Rs 41.88 per share through open market transactions, on top of his holding of 4.65 lakh shares as of September 7.
Ace investor Ashish Kacholia raised his stake in small medium enterprise Marshall Machines to 8 percent on September 11.
He held 3.2 percent stake in the firm as of September 7, which increased by 4.8 percent to 8 percent now.
Kacholia has bought 6,99,000 shares of the company at Rs 41.88 per share through open market transactions, on top of his holding of 4.65 lakh shares as of September 7.
Trust Finstock also purchased 1,71,000 shares of the company at Rs 41.59 per share while Choice Equity Broking sold 78,000 shares at Rs 41.89 per share on the NSE.
Marshall Machines, which listed on the NSE Emerge platform, provides complete machining solutions to manufacturers of axles, crankshafts, auto parts, fans, pumps, bearings, gear blanks, bushes, etc.Its customers include group companies of Hero Honda, Rockman, GNA, Usha, Havells, Amtek Auto etc & Vendors of Maruti, TVS, Sona, Mahindra, Hyundai, Bosch etc.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.