Stocks

Crompton Greaves sees selling by foreign fund

| Updated on January 19, 2018 Published on February 05, 2016

6blCrompCol.eps

Shares of Crompton Greaves will remain in focus as Stichting Pensioenfonds ABP sold 44.31 lakh shares of at ₹125 apiece on the NSE on Friday. Shares of Crompton Greaves have already been under pressure after it reported weaker-than-expected quarterly numbers for October-December period. Currently 188 foreign institutional investors hold 18.17 per cent stake in the company. If others resort to selling, the stock of Crompton Greaves will see further fall.

Published on February 05, 2016
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