Announced Sat, 11 Jul · 11:28 IST
FMR LLC and FIL Ltd raise stake in JK Cement to 9.17 percent
JKCEMENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.0%1-day move
₹5418.00
prior close
₹5355.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.1—+0.1+0.1-1.0+0.2-0.1-0.5+1.4+5.9————
Up moveDown movePending
AI summary
Foreign investor group FMR LLC and FIL Ltd bought 16,54,961 shares (2.14 percent) of JK Cement through open market between 1 Sep 2023 and 8 Jul 2026. Their combined holding rose from 7.03 percent (54,32,682 shares) to 9.17 percent (70,87,643 shares). They are not promoters. Holding is split across multiple Fidelity funds.
Likely market impact
FII holding is now close to the 10 percent takeover trigger threshold; further buying could attract open offer obligations under takeover rules.