Shares of Marico Kaya Enterprises surged 8% to Rs341 on reports that Morgan Stanley bought over 75,000 shares of the company from the open market. The stock has hit a high of Rs354 and a low of Rs329. Yesterday, Morgan Stanley Asia (Singapore) purchased 75,156 shares representing 0.58% stake of Marico Kaya Enterprises at price of Rs312 per share, says a report.
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