Saregama Gains Nearly 2% On Reliance Capital Stake Buy

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Saregama India continued gaining streak for second day and rose nearly 2 per cent on the Bombay Stock Exchange after Reliance Capital acquired 6.82 per cent stake in music label and a leading content producer for Rs 43.17 crore through open market transactions.

Saregama Gains Nearly 2% On Reliance Capital Stake Buy
Saregama India: Quotes, News
BSE 225.85BSE Quote1 (0.44%)
NSE 226.75NSE Quote0.6 (0.26%)

Extending previous session rally, shares of company gained as much as 1.76 per cent in intra-day trade to Rs 369.80 India apiece on BSE today.

In a similar trend, stocks of company advanced 0.77 per cent to trade at 365.70 apiece on the National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 26,086.96, up 7.48 points, or 0.03 per cent, at 11:10 hours.

Read more about: saregama india, reliance capital
Story first published: Wednesday, December 30, 2015, 12:10 [IST]
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