MoneyWorks4Me

Reliance Capital MF buys 2.02% stake in Simplex Infrastructures

14 Nov 2014 Evaluate

Reliance Capital Mutual Fund (MF) has bought 10 lakh shares representing 2.02% stake of Simplex Infrastructures at Rs 275 per equity share of Simplex Infrastructures.

Meanwhile, BNP Paribas Arbitrage has sold 422,240 shares of the company at Rs 275 and The Master Trust Bank of Japan HSBC Ind Equity Mother Fund has sold 306,963 shares at Rs 275, the data shows.

Simplex Infra has emerged as a leading service provider of infrastructure and construction. Employment of the latest technology has helped Simplex Infrastructure execute projects with precision and timeliness.

Peers
Company Name CMP
Larsen & Toubro 3773.00
Kalpataru Projects 1452.60
NCC 128.45
Rail Vikas Nigam 198.80
KEC International 375.10
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