New Delhi, March 17 -- Metal stock Azad India Mobility shares hit the upper circuit on Monday, March 17, as Mauritius-based foreign institutional investor (FII) 3 Sigma Global Fund purchased a stake in the company, according to an exchange filing.

According to BSE data, 3 Sigma Global Fund acquired a 2.20 per cent voting stake, or 7,51,200 equity shares, in the metal stock, and as of March 17, its total voting shares stood at 21.99 per cent of the company.

The filing also showed that after the acquisition move, the company had a total of 75,00,000 or 75 lakh equity shares, which represents 21.99 per cent in the metal stock.

As of March 17, the total share capital of Azad India Mobility is at Rs.34,11,00,750 or 34.11 crore which is divi...