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MUMBAI: Shares of BF Utilities jumped 10% on Tuesday following reviews of ace investor Radhakishan Shivkishan Damani having acquired 1.3% stake in the company.
According to the most recent shareholding sample, Damani held 1.30% stake in Kalyani group company as of 30 June.
At 1220pm, BF Utilities traded at ₹220.95, up 9.9% from its earlier shut, whereas the benchmark Sensex was down 1.5% at 36,152.99.
On Monday, BF Utilities had introduced that operations at its Pune workplace have been suspended, as of 14 July till additional discover, to adjust to the lockdown order issued by native authorities.
The company reported a standalone internet revenue of ₹72 lakh in the March in comparison with a lack of ₹1.01 crore in the year-ago interval. Net gross sales surged 61.2% year-on-year to ₹3.45 crore throughout January-March.
BF Utilities, by way of its subsidiaries, is engaged in the enterprise of built-in infrastructure improvement in Bangalore and Mysore.
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