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ICICI Bank buys 15.55 lakh shares of Gokaldas Exports

02 Dec 2014 Evaluate

ICICI Bank has bought 15.55 lakh shares of Gokaldas Exports through open market route. The shares were purchased on an average price of Rs 67.65 valuing the transaction to Rs 10.52 crore. On the other hand, Blackstone FP Capital Partners M V B Subsidiary has sold 15.55 lakh shares of the company for an average price of Rs 67.65 through open market route.

Gokaldas Exports, incorporated in 1995, is the largest exporter of garments in India. The company manufactures blazers and pants (formal and casuals), shorts, shirts, blouses, denim wear, swim wear, active and sports wear. The company has received ISO 9001:2000 certification for its quality management.

Peers
Company Name CMP
Vardhman Textiles 536.45
Welspun Living 235.85
Arvind 529.75
Raymond Lifestyle 624.95
K.P.R. Mill 1100.90
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