MoneyWorks4Me

DSP Blackrock MF buys stake in Mayur Uniquoters

29 Sep 2014 Evaluate

DSP Blackrock Mutual Fund (MF) has bought 1.28 million shares or 2.95% stake in the textile company -- Mayur Uniquoters -- for Rs 51 crore through open market transactions. The promoters Suresh Kumar Poddar & Sons (HUF), Kiran Poddar and Manav Poddar has collectively sold 1.15 million shares at an average price of Rs 400.34 per share.

Mayur Uniquoters is a textile company engaged in manufacturing and export of artificial leather and poly vinyl chloride.

 

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