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IDBI sells 1,163,688 shares of Welspun Syntex

23 Oct 2012 Evaluate

Industrial Development Bank of India (IDBI) has sold 1,163,688 shares of Welspun Syntex in an open market transaction on Bombay Stock Exchange (BSE). The shares were sold at Rs 10.50 per piece valuing the deal at around Rs 1.22 crore.

Welspun Syntex, a Welspun Group company is one of the largest exporters of polyster texturised filament yarn from India. Additionally, the company is the leading manufacturer of specialty polyester filament yarn from India.

Peers
Company Name CMP
Vardhman Textiles 527.15
Welspun Living 224.95
Arvind 510.45
Raymond Lifestyle 596.25
K.P.R. Mill 1053.45
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