According to the bulk deal data from BSE, Kacholia picked up 200,000 equity shares amounting to a 1.38 per cent stake at an average price of Rs 569.89.Ashish Kacholia’s purchase is valued at Rs 11.4 crore, according to the average price.Following the update, shares of Agarwal Industrial Corporation surged 7 per cent to Rs 640 on Thursday.
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The acquisition also seems to be reasonably priced. So, it will only add value to the company because the acquiree SML ISUZU has a good