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ICICI Lombard General Insurance buys 26.33 lakh shares of HT Media

22 Apr 2016 Evaluate

ICICI Lombard General Insurance Co has bought 26.33 lakh shares of HT Media through open market route. The shares were purchased on an average price of Rs 84.05 valuing the transaction to Rs 22.13 crore.  On the other hand, Norges Bank - Government Pension Fund Global has sold 26.10 lakh shares in the company for an average price of Rs 84 through open market route.

HT Media is one of India’s foremost media companies, and home to three leading newspapers in the country in the English, Hindi and Business news segments - ‘Hindustan Times’ (English daily), ‘Hindustan’ (Hindi daily, through a subsidiary) and ‘Mint’ (business daily).

Peers
Company Name CMP
D.B. Corp 176.65
Jagran Prakashan 61.45
HT Media 23.24
Navneet Education 121.10
S Chand And Company 140.10
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