Ashish Dhawan buys nearly 35 lakh Religare shares
In short
Ashish Dhawan bought nearly 35 lakh shares of Religare Enterprises in two sessions, according to NSE bulk deal data cited in the reporting. He bought 18 lakh shares on August 28 and 16.98 lakh shares on August 31.
The stock rose after the buying. The report also says Religare’s Q1 FY27 income rose 26%, but it does not say why Dhawan bought the shares.
What the reporting says
Ashish Dhawan bought nearly 35 lakh shares of Religare Enterprises across two NSE bulk-deal sessions, according to publisher-supplied market summaries. The reported purchases were 18 lakh shares on August 28 and 16.98 lakh shares on August 31, and the stock moved higher after the buying. Religare also reported a 26% rise in Q1 FY27 income, but the reporting does not give the reason for Dhawan’s purchases.
Why it matters
Publisher-supplied summaries said ace investor Ashish Dhawan bought nearly 35 lakh shares of Religare Enterprises in two NSE bulk-deal sessions: 18 lakh on August 28 and 16.98 lakh on August 31. The stock reportedly gained after the buying. The summary also noted a 26% rise in Religare’s Q1 FY27 income, but it does not connect that figure directly to the purchase or explain Dhawan’s strategy.