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Deal▲ Bullish for Allied Blenders and Distillers
Allied Blenders shares surge 6% as promoter offloads 55 lakh shares
The brief
- Allied Blenders shares surged 6% as its promoter sold 55 lakh shares
- Abu Dhabi Investment Authority and SBI Mutual Fund were major buyers
- The stake sale and institutional buying directly affect Allied Blenders shareholders
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| ABDL | Thu, 24 Sept | +8.5% | +10.1% | 13× | +8.9% · Nifty −1.3% |
✓ Classifier read this as positive; ABDL rose 10.1% against the Nifty on the day it traded.