Reliance MF buys GIC Housing Finance shares

| Updated on January 22, 2018 Published on December 15, 2015


GIC Housing Finance will remain in focus as Reliance Mutual Fund has bought the NBFC company shares under its two schemes - Reliance Mid & Small Cap Fund and Reliance Tax Saver (ELSS). It bought 2.8 lakh shares and 5 lakh shares respectively. According to bulk deals data on the exchanges, these shares were bought at ₹199 a share. Reliance MF already owns 16.41 lakh shares (3.05 per cent stake) in GIC Housing Finance.

Published on December 15, 2015
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