BNP Paribas Arbitrage sold 9,74,126 shares of Prakash Industries at Rs 141.34 per share on the NSE on October 30, 2017.
Prakash Industries is the largest manufacturer of PVC pipes and fitting in North India. It is a brand that consumers have trusted since last 37 years. Over these years, the Company has enhanced its product portfolio and has grown to a capacity of 55,000 tonnes per annum.