MoneyWorks4Me

India Max Investment acquires 3.82% stake in LKP Finance

28 Dec 2011 Evaluate

India Max Investment has acquired 3.82% stake in LKP Finance on December 27, 2011. The company has bought 5 lakh shares of the company at Rs 80 per share amounting to Rs 4 crore.

On the other hand, Evans Fraser and Company (India) has sold 3.82% stake in LKP Finance on Tuesday. It has sold 5 lakh shares of the company at Rs 80 per share amounting to Rs 4 crore.

LKP Finance is in the field of financial Services such as issue management, bill discounting, leasing and hire-purchase, full fledged money changing and has also started providing travel related Insurance Policy to bound passengers, etc. 

Peers
Company Name CMP
Bajaj Finserv 1656.00
TVS Holdings 11083.55
Cholamandalam Fin. 1280.70
Altius Telecom Infra 170.00
Kama Holdings 2135.05
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