Financial Daily from THE HINDU group of publications
Friday, Jul 16, 2004
Financial Daily from THE HINDU group of publications Friday, Jul 16, 2004 |
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Markets
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Foreign Institutional Investors Citicorp raises stake in Jisco Our Bureau
Mumbai , July 15 CITICORP Banking Corporation has increased its stake in Jindal Iron and Steel Company (Jisco). In a notice to stock exchanges, the company said Citicorp Banking Corporation A/c CBC Bahrain-FII Equity Account has acquired 5.5 lakh shares amounting to 1.28 per cent of the company. The shareholding of Citicorp Banking Corporation A/c CBC Bahrain-FII Equity Account after the said acquisition is 33.03 lakh shares amounting to 7.51 per cent. The additional shares were bought on July 8, through secondary market purchase. In today's trading, the stock price of the company closed at Rs 222.90, up 6.75 per cent.
More Stories on : Foreign Institutional Investors | Mergers & Acquisitions | Steel
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