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Goldman Sachs Investments sells 11.94 lakh shares of Karnataka Bank for Rs 11.74 crore

26 Jul 2013 Evaluate

Goldman Sachs Investments (Mauritius) has offloaded 11.94 lakh shares of private sector lender Karnataka Bank for Rs 11.74 crore. Shares of Karnataka Bank were sold on an average price of Rs 98.36 through open market transactions

As of June quarter, Goldman Sachs Investments held 25.84 lakh shares, representing 1.37% stake, of Karnataka Bank.

The institutions and non-institutions held 29.82% and 70.18% stake in the bank, respectively.

Peers
Company Name CMP
HDFC Bank 729.10
ICICI Bank 1337.10
Axis Bank 1240.90
Kotak Mahindra Bank 412.80
Indusind Bank 957.10
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