ZEEL is a bright star

The bulk deals data available on the NSE shows that yesterday, Florida Retirement System bought 51.09 lakh equity shares at an average price of Rs.141.29/share.

This buy constitutes a 0.53% stake.

Till the end of Q3, as such, majority shareholders were 680 FIIs at 67.38% stake. OFI Global China Fund is the largest FII holder at over 10%.

The stock price has reacted favourably to this news and it is among the top five gainers on the BSE currently. The stock opened with a gain of 4% at Rs.157.45 and went on to hit an intraday high at Rs.172, a jump of over 14%. Its 15% UC for today is not too far at Rs.174.20.