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Strategic Credit Capital buys 15 lakh shares of ABG Shipyard

16 Sep 2015 Evaluate

Strategic Credit Capital has bought 15 lakh shares of ABG Shipyard through open market route. The shares were purchased on an average price of Rs 150.65 valuing the transaction to Rs 22.60 crore. On the other hand, Adihemshree Financial has sold 8.15 lakh shares of the company for an average price of Rs 150.75 through open market route.

ABG Shipyard is engaged in the business of carrying shipbuilding and ship repair business. The company has emerged as the largest private sector shipbuilding yard in India with satisfied customer base all around the world.

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