HB Stock Holdings stock price buzz 4% as it increased the stake in DCM Shriram

Thebullishtrends: HB Stock Holdings shares are trading at Rs.57.10(+Rs.2.70). HB Stockholdings Ltd has increased its stake in DCM Shriram Industries Ltd to 38,31,776 Equity Shares comprising 25.05% of it total Equity through open market purchases. Further the Company has informed that, the increase of stake to 25.05% has been calculated based on DCM Shriram Industries Ltd.'s Paid up Equity Share Capital of 1,52,98,437 Equity Shares as per its Audited Balance Sheet as on March 31, 2007.