Financial Daily from THE HINDU group of publications
Thursday, Apr 06, 2006
Financial Daily from THE HINDU group of publications Thursday, Apr 06, 2006 |
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Markets
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Stocks Our Bureau
Mumbai , April 5 Global fund house Grantham Mayo Otterloo & Co continued to offload its stake in India Cements Ltd. After selling 13.5 lakh shares of India Cements at Rs 170.19 per share on Monday, the fund sold another 13.5 lakh on Tuesday for Rs 169.72 per share. Early last month, it had sold 25 lakh shares of India Cements at around Rs 153, according to information filed with bourses. This takes its total sale till now at the counter to 52 lakh shares. Another global fund CLSA had sold 11.05 lakh shares of India Cements at Rs 161 per share early last week while ABN AMRO Bank sold 10 lakh shares during last month.
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