MoneyWorks4Me

HDFC Mutual Fund buys 90 lakh shares of Siti Cable Network

17 Jun 2015 Evaluate

HDFC Mutual Fund has bought 90 lakh shares of Siti Cable Network through open market route. The shares were purchased on an average price of Rs 34.65 valuing the transaction to Rs 31.18 crore.

On the other hand, Goldman Sachs India Fund has sold 89.69 lakh shares of the company for an average price of Rs 34.65 through open market route.

SITI Cable is the only vertically integrated company in the Cable TV Industry and is known for its strong backend systems & processes. Backed by Strong Management team, the company is always on the forefront to harness the latest technology and maintain the healthy commercial relations with its business partners.

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