FII sells 13 lakh Bajaj Finance shares for Rs 163 crore
Quotes

FII sells 13 lakh Bajaj Finance shares for Rs 163 crore

Last Updated: Friday, December 21, 2012, 19:24
 
 Comment 0
 
FII sells 13 lakh Bajaj Finance shares for Rs 163 crore
Mumbai: Foreign institutional investor El Dorado Holdings today offloaded nearly 13 lakh shares of Bajaj Finance for Rs 163 crore.

Earlier this week, the FII had sold 5 lakh shares of Bajaj Finance.

As per bulk data available with the stock exchanges, El Dorado Holdings II Ltd sold 9,91,500 shares on the NSE and El Dorado Holdings I offloaded 3 lakh shares on the BSE.

The shares were sold at an average price of Rs 1,260, aggregating the deal size to Rs 162.72 crore.

Meanwhile, HDFC Standard Life Insurance has picked up 6.25 lakh shares in the non-banking finance company for Rs 78.75 crore.

As on Dec 11, El Dorado Holdings II Ltd held 16.55 lakh shares, or 3.87 percent stake, in Bajaj Finance, El Dorado Holdings I Ltd owned 6.07 lakh shares or 1.42 percent holding in the NBFC firm.

Shares of Bajaj Finance fell by 2.9 percent to close at Rs 1, 264 apiece on the BSE.

PTI



First Published: Friday, December 21, 2012, 19:24


Comments


comments powered by Disqus
Renault Kwid
Renault Kwid
Tata GenX Nano
Tata GenX Nano
2015 Indian Roadmaster
2015 Indian Roadmaster
Forbes 2015 Rich List
Forbes 2015 Rich List
Audi TT Coupé
Audi TT Coupé

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved