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MUMBAI: UTI-1 today sold 3.88 per cent stake in rating firm Crisil. The fund sold 2.5 lakh shares at Rs 1,485 on the BSE. The buyer of the shares was General Insurance Corporation.

At the end of September quarter, UTI held 7.47 per cent stake in Crisil.

On Monday, the stock price of Crisil closed at Rs 1,598, up 5.2 per cent, on the BSE with volumes of 2.54 lakh shares.

(This article was published in the Business Line print edition dated December 13, 2005)
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