Shankar Sharma Portfolio: Ace Investor Books Profit In Chemical Stock Ishan Dyes And Chemicals

Shankar Sharma portfolio: The ace investor sold his shares in Ishan Dyes and Chemicals Ltd. According to statistics on large transactions posted on the BSE website, Shankar Sharma sold 4,14,254 equity shares of the firm at a price of ₹74.15 each. By pulling out around ₹307.17 crore, Shankar Sharma has so partially profited from the chemical stock.

Shankar Sharma Shareholding in Ishan Dyes and Chemicals

According to Ishan Dyes And Chemicals Ltd’s shareholding patterns for the period of April to June 2022, Shankar Sharma held 5,49,000 shares, or 2.97 percent of the company’s total paid-up capital.

Currently that Shankar Sharma has sold 4,14,254 shares of the firm, he now owns 1,34,746 shares, or around 0.73 percent of the company’s total paid-up capital.

Therefore, on the company’s list of individual shareholders for the period of July to September 2022, the top investor won’t be listed if he doesn’t purchase a new 0.27 percent interest.

A corporation is required by the stock market exchange rule to disclose the names of individual shareholders who own 1% or more of the company. In its shareholding pattern, which it reports with the Indian exchanges after each quarter, the business discloses the identities of such owners.

Ishan Dyes and Chemicals Share Price History

Since the beginning of the new fiscal year, Ishan Dyes And Chemicals’ stock price has been in a base-building phase for about six months. The stock has dropped from its record high of ₹177 per share to on the BSE in April 2022 to about ₹72-73 per share today, a 60 percent decline from its 52-week high.

Due to the stock’s 30% decline over the past year, this chemical company’s stockholders have received no return on their investment.

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