Mach Travel Solutions share price jumps 6% after promoter's stake raise move
New Delhi, June 12 -- Mach Travel Solutions shares jumped 6% on Friday, 12 June, after promoter and Director Amit Bhatia increased his stake in the company through a series of open market purchases.
According to exchange disclosures, Bhatia acquired a total of 2.33 lakh equity shares between 2 June and 10 June for an aggregate consideration of around Rs.3.5 crore. Following the transactions, his shareholding in the company increased to 1.40 crore shares, representing 66.71% of the total equity, from 65.60% earlier.
The latest acquisition involved the purchase of 34,800 shares worth Rs.52.08 lakh on 10 June. Prior to that, Bhatia had acquired shares on multiple occasions through market purchases, signalling continued confidence in the co...
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