Equitas Holding gains 4.5%

Rising after four consecutive days of fall, Equitas Holding opened today with a gain of almost 4.5% at Rs.45.70, going up further to an intraday high at Rs.46.35.

The stock is in the news after it was known that yesterday, Morgan Stanley Asia acquired a 0.58% stake or 19.68 lakh shares in the company at Rs.44.39/share.

FIIs as at 20^th March 2020, held 28.67% stake.

The company will be declaring its Q4 earnings on 29^th May.