IFCI has sold over three million shares of Orbit Corporation in past one week through open market. The state-run lender has offloaded 3.18 million shares representing 2.79% stake of realty firm for Rs 7.5 crore between May 19 and May 26.

On May 26, 2014 IFCI sold 735,000 shares of Orbit Corporation at Rs 23.45 on the NSE. On May 23, it sold 1.09 million shares at Rs 25.25 on the NSE.

Orbit Corporation is a leading Mumbai real estate developer focused on luxury real estate development in South Mumbai.

 

Related Orbit Corporation Ltd. Links:
1 Year Price Chart
Peers
Company Name CMP
Dilip Buildcon 337.25
NBCC (India) 23.60
Sobha 296.00
JMC Projects (India) 49.00
Prestige Estate Proj 254.15
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Sensex vs Orbit Corporation
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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