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Kingfisher Capital CLO sells 4,533,135 shares of Nava Bharat Ventures

08 Nov 2012 Evaluate

Kingfisher Capital CLO has sold 4,533,135 shares of Nava Bharat Ventures in an open market transaction. The shares were sold at Rs 195.00 a piece on National Stock Exchange (NSE) on November 07, 2012.

Nava Bharat Ventures is engaged in power generation, sugar and ferro alloys and enlisted the services of a Chinese company, Sepco, to implement the power plant project, after securing various mandatory clearances from the Zambian Government.

Peers
Company Name CMP
Nava 545.95
Indian Metal & Ferro 1180.25
Maithan Alloys 882.35
Indsil Hydro Power 35.44
Chrome Silicon 41.62
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