Moneycontrol
Last Updated : Dec 09, 2018 11:28 PM IST | Source: Moneycontrol.com

Porinju Veliyath's Equity Intelligence sells 29 lakh shares of Texmaco Rail

Equity Intelligence India sold 1.53 percent stake in the company through bulk deals.

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Ace investor Porinju Veliyath owned portfolio management firm sold more than 29 lakh equity shares of Texmaco Rail & Engineering through bulk deals on December 7, 2018.

Equity Intelligence India sold 17,80,364 shares (representing 0.81 percent of total paid-up equity) of the company at Rs 51.01 per share and 11,45,241 shares (representing 0.52 percent of total paid-up equity) at Rs 51.02 per share on the BSE.

On same day, Aequitas Investment Consultancy Private Limited - PMS purchased 34,04,200 shares of the company at Rs 51 per share through bulk deal on the NSE.

Texmaco Rail shares fell more than 50 percent in last one year.
First Published on Dec 9, 2018 11:28 pm
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