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ICICI Bank reduces stake in Gokaldas Exports to 7.68%

24 Jun 2016 Evaluate

ICICI Bank has reduced its stake in Gokaldas Exports to 7.68 per cent from 9.90 per cent earlier. The bank sold 772,538 shares or 2.22 per cent stake, in the company through an open market transaction during June 14-21.

Gokaldas Exports is the largest exporter of garments in India. The company manufactures blazers and pants (formal and casuals), shorts, shirts, blouses, denim wear, swim wear, active and sportswear.

Peers
Company Name CMP
Vardhman Textiles 565.65
Welspun Living 222.90
Arvind 566.15
Raymond Lifestyle 688.20
K.P.R. Mill 1114.50
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