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02 December, 2020 00:08 IST
Autoline Industries shares drop after Rakesh Jhunjhunwala, wife Rekha cut stake
Source: IRIS | 20 Nov, 2020, 01.45PM
Rating: NAN / 5 stars.
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 Shares of Autoline Industries slipped today in the late noon deals after renowned investor Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala reduced stake in the company to 5.65% on Nov. 19, 2020 against 6.2% in September quarter.

Autoline Industries, engaged in manufacturing sheet metal components, assemblies and sub-assemblies, released its latest shareholding pattern on Nov. 19, 2020. According to the released shareholding pattern, Rakesh Jhunjhunwala has 3.29% and his wife Rekha Jhunjhunwala 2.36% stake in the company.

Both husband and wife have reduced stake in the company to 5.65% as of November 19, against 6.2% as of the September quarter.

Shares of Autoline Industries are trading at Rs 29.40, down Rs 0.85, or 2.81% at the Bombay Stock Exchange (BSE) on Friday at 12:05 p.m.

The scrip has touched an intra-day high of Rs 30.20 and low of Rs 29.20. The total volume of shares traded at the BSE is 1,104.In the earlier session, the shares lost 4.57%, or Rs 1.45, at Rs 30.25.

Currently, the stock is trading down 33.71% from its 52-week high of Rs 44.35 and above 219.57% over the 52-week low of Rs 9.20.

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