Saregama India witnessed a rise in share price on Tuesday after the Reliance Capital on Monday acquired 6.82% stake in popular music publishing label Saregama India for Rs 431.7 million through an open market transactions.

Shares of Saregama India are trading at Rs 372, up Rs 7.6, or 2.09% at the Bombay Stock Exchange (BSE) on Tuesday at 10:29 a.m.

The scrip has touched an intra-day high of Rs 388.10 and low of Rs 367.00. The total volume of shares traded at the BSE is 70,318.

Total volume of shares traded on the bourses today was higher by 203.75% to 281,938 compared with 22-day average volume of 92,818.