Stock market today, March 20 -- Shares of Godrej Industries surged 4% in intra-day trade on Thursday, March 20, as promoters are set to raise their stake in the company.

Lana Godrej and Sasha Godrej, immediate relatives and part of the promoter group and person action in concert (PAC) of Godrej Industries, are proposed to acquire up to 1,45,000 shares cumulatively, representing a 0.0431% stake, as per an exchange filing dated March 19.

Sasha Godrej looks to acquire up to 40,000 shares of Godrej Industries, amounting to a 0.0119% stake while Lana Godrej is set to pick up to 1,05,000 shares, representing a 0.0312% stake in the company.

The said acquisition of shares is proposed to be completed within four days from the date of this intim...