Apollo Pipes is a bright star today. In fact it has been gaining for the past 2 days , going up over 9.2% during the last two days. Today it hit an intra day high at Rs.397.30, rising over 4.5%.
The stock has been rising on news that investor, Ashish Kacholia has bought almost 2% stake or 2.33 lakh shares from the open market at Rs.375/share on the BSE yesterday.
Market data shows that yesterday Canara HSBC Oriental Bank of Commerce Life Insurance Company sold 1.40 lakh shares.