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MoneyWorks4Me

IDBI sells 15 lakh shares of S Kumars Nationwide

29 Dec 2012 Evaluate

Industrial Development Bank of India (IDBI) has sold 1,500,000 shares of S Kumars Nationwide in an open market transaction. The shares were sold at Rs 13.15 a piece on National Stock Exchange (NSE) on December 28, 2012.

S. Kumars Nationwide is one of India’s leading textile and Apparel Company with expertise in multi-fiber manufacturing. The company has extended its presence in multiple product categories from Fabrics to Apparels and Home Textiles.

Peers
Company Name CMP
Vardhman Textiles 528.80
Welspun Living 249.65
Arvind 508.40
Raymond Lifestyle 551.50
K.P.R. Mill 1158.40
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