Bridge India Fund has picked 0.79% stake in producer of cement, calcined petroleum coke and power, Rain Commodities for Rs 94.84 million on Monday. It has purchased 2.66 million shares at a price of Rs 35.65 a share on the National Stock Echange (NSE).
 
Morgan Stanley Asia (Singapore) Pte has sold 0.79% stake in Rain Industries on Monday for Rs 94.84 million. It has sold 2.66 million shares at an average price of Rs 35.65 on both the NSE.

Shares of the company gained Rs 3.9, or 12.3%, to settle at Rs 35.60. The total volume of shares traded was 1,354,956 at the BSE (Monday).