Jyothy Labs surges as Nalanda India Equity Fund buys 62 lakh shares

Jyothy Labs is currently trading at Rs. 153.15, up by 2.40 points or 1.59% from its previous closing of Rs. 150.75 on the BSE.

Jyothy Labs
Jyothy Labs

The scrip opened at Rs. 154.00 and has touched a high and low of Rs. 154.00 and Rs. 149.00 respectively. So far 77226 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 187.20 on 06-Jul-2021 and a 52 week low of Rs. 130.00 on 25-Feb-2022.

Last one week high and low of the scrip stood at Rs. 163.70 and Rs. 143.55 respectively. The current market cap of the company is Rs. 5623.80 crore.

The promoters holding in the company stood at 62.89%, while Institutions and Non-Institutions held 27.79% and 9.32% respectively.

Nalanda India Equity Fund has purchased 62 lakh shares of Jyothy Labs at an average price of Rs 154.98 apiece, taking the transaction size to Rs 96.08 crore. Meanwhile, Emblem FII sold 60,89,056 shares at an average price of Rs 155 per piece.

Jyothy Labs is principally engaged in manufacturing and marketing of fabric care, dishwashing, personal care and household insecticides products.

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