MoneyWorks4Me

Glaxo Finance sells 1,359,498 shares of Bhansali Engineering Polymers

08 Apr 2013 Evaluate

Glaxo Finance has sold 1,359,498 shares of Bhansali Engineering Polymers in an open market transaction. The shares were sold at Rs 15 per share on National Stock Exchange (NSE) on April 05, 2013. On the other hand, Twentyfirst Century Securities has purchased 1,347,934 shares of the company on NSE.

Bhansali Engineering Polymers (BEPL) is a leading name in the petrochemical sector in India. BEPL is a vertically integrated petrochemical company that is into manufacturing of ABS (Acrylonitrile Butadiene Styrene) -- a raw material used extensively across industries like automobiles, home appliances, telecommunications, luggage and other sectors.

Peers
Company Name CMP
Godrej Industries 1106.50
SRF 2540.10
BASF India 3578.75
Pidilite Inds. 1586.00
Tata Chemicals 670.65
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