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Last Updated : Feb 04, 2020 10:05 PM IST | Source: Moneycontrol.com

Raamdeo Agrawal, Motilal Oswal cumulatively buy Bharat Wire Ropes' shares worth Rs 4.94 cr

Shares of Bharat Wire Ropes closed 1.91 percent up at Rs 26.65 on NSE on February 4. The company deals in iron and steel products.

 
 
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Raamdeo Agrawal, the co-founder of Motilal Oswal Financial Services, bought 942,109 shares of Bharat Wire Ropes through a bulk deal on NSE on February 4, data available with the exchange showed.

The transaction was carried out at an average price of Rs 26.25 per share, taking the total value of the purchase to nearly Rs 2.47 crore.

Separately, brokerage firm Motilal Oswal Financial Services, too, bought 942,108 shares of the company at an average price of Rs 26.25 per share for nearly Rs 2.47 crore.

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On the other hand, Mumbai-based firm Osag Enterprises LLP - whose designated partner is said to be Motilal Oswal and Raamdeo Agrawal- sold 1,884,217 shares of Bharat Wire Ropes at an average price of Rs 26.25 per share for Rs 4.95 crore through a bulk deal on NSE.

Bulk Deals

Shares of Bharat Wire Ropes closed 1.91 percent up at Rs 26.65 on NSE on February 4. The company deals in iron and steel products.

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First Published on Feb 4, 2020 10:05 pm
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