Nureca shares locked in 5% upper circuit:


Nureca shares locked in 5% upper circuit: Shares of Nureca were locked in a 5 percent upper circuit of Rs 1,627.50 on BSE after Hornbill Orchid India Fund acquired a stake in the company.

Hornbill Orchid India Fund, a Mauritius-based hedge fund, acquired a 1.95 percent equity stake in Nureca, a home healthcare and wellness products seller, on June 23.

Hornbill Orchid India Fund bought 1,95,766 equity shares in Nureca at Rs 1,549.97 per share on the BSE, the bulk deals data showed.

News Source:- Moneycontrol

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