Shares of Astra Microwave Products will remain in focus, as Larsen & Toubro sold close to 75 lakh shares of the company through bulk deals. According to data available with the exchanges, L&T offloaded 24.5 lakh shares at ₹135.82 a share (on the BSE) and 50 lakh shares at ₹135.80 (on the NSE). As of September end, L&T owned 79.5 lakh shares of Astra Microwave. Analysts would be looking for the buyers’ identity, which is yet to be revealed.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.