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MoneyWorks4Me

Swiss Finance Corporation sells 2.90 lakh shares of Aban Offshore

29 Jan 2015 Evaluate

Swiss Finance Corporation (Mauritius) has sold 2.90 lakh shares of Aban Offshore through the open market route. The shares were sold on an average price of Rs 475.41 valuing the transaction to Rs 13.79 crore.

Aban Offshore (formerly Aban Loyd Chiles Offshore) is India’s largest offshore drilling services provider to oil companies, mainly for ONGC. It is a company which provides oil field services for offshore exploration and production of hydrocarbons to the oil industry in India and abroad.

Peers
Company Name CMP
ONGC 234.55
Oil India 455.10
Jindal Drilling&Inds 529.65
Deep Industries 648.90
Asian Energy Service 407.05
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