MUMBAI : Mukta Arts promoter Subhash Ghai has purchased 10,000 equity shares to up his stake in the company to 54.92 per cent.

Before the market purchase, Ghai's holding in the company was 54.88 per cent.

Shares of Mukta Arts surged from the 52-week lowest at Rs 38 on 28 November to Rs 46 on Tuesday, at the time of filing this report.