Citigroup Global Market Mauritius has bought 28.16 lakh shares of PTC India through open market route. The shares were purchased on an average price of Rs 56.64 valuing the transaction to Rs 15.95 crore. On the other hand, Shree Padmavati Trade-link Prop Atul J Shah has sold 16.55 lakh shares of the company for an average price of Rs 54.72 through open market route.
PTC India acts as intermediary between buyer and sellers of power. In case of cross-border trading, the company plays the role of a nodal agency. It offers advisory services for setting up independent power producing plants.
