Cresta Fund and Albula Investment Fund have offloaded shares of Jindal Saw for Rs 97 crore through open market transactions. Flowers Valley, Globalworth Securities, HSBC Mutual Fund, Societe Generale, and Madhukar Sheth were the buyers of shares. Cresta Fund sold 20 lakh shares of Jindal Saw while Albula Investment Fund offloaded 2.6 lakh shares. The shares were disposed of at Rs 429.10 apiece.
Jindal SAW is one of the country’s topmost industry houses and the foremost indigenous steel producers and exporters.
