📌 Key Highlights:
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Promoter Buy: Mr. Ashish Bansal, a promoter of POCL, acquired 7,500 equity shares through market purchase.
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Dates of Purchase: March 19 & 20, 2025.
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New Holding: Increased from 34,47,968 shares (12.26%) to 34,55,468 shares (12.29%).
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Transaction Value: ₹41,64,354 (Forty-One Lakh Sixty-Four Thousand Three Hundred Fifty-Four).
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Regulatory Filing: Disclosure made under SEBI (Prohibition of Insider Trading) Regulations, 2015.
📈 Impact on Stock Market:
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Positive Sentiment: A promoter increasing stake signals confidence in the company’s growth.
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Potential Price Rise: Investors may follow the promoter, leading to higher demand for POCL shares.
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Market Stability: As insider buying is viewed positively, volatility might reduce in the short term.
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Long-term Growth: Could indicate upcoming business expansion or strong financials.
🏢 About Pondy Oxides and Chemicals Limited (POCL):
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Industry: Non-Ferrous Metals, Chemical Manufacturing
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Founded: 1995
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Headquarters: Chennai, India
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Business Focus: Leading manufacturer of Lead, Lead Alloys, and Non-Ferrous Metals.
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Stock Listings:
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NSE Symbol: POCL
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BSE Code: 532626
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📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
