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Astute Buyer

The promoters of DB Realty continue to increase their holding through the open market

After the resignation of its CFO in August this year, DB Realty's CEO put in his papers a few weeks ago and the talk now is that Jayvardhan Goenka, son of promoter Vinod Goenka, will take charge. It is not just the management, but also the stock which is changing hands. Recently Vinod Goenka HUF bought 340,000 shares from the market at an average price of Rs.45.3. This year since January, Vinod Goenka and Sunita Goenka have been accumulating the stock gradually and their individual stake in the company has moved from 0.97

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