MoneyWorks4Me

Nomura Singapore buys 49.90 lakh shares of Ansal Properties: Report

07 Mar 2014 Evaluate

Nomura Singapore has reportedly bought 49.90 lakh shares or 1.63% stake of Ansal Properties and Infrastructure through open market route. The shares were purchased on an average price of Rs 17.40 valuing the transaction to Rs 8.67 crore. On the other hand, Merrill Lynch Capital Markets Espana SA SV has sold 50.10 lakh shares of the company for an average price of Rs 17.41 through open market route.

Ansal Properties & Infrastructure’s business activities include property development for commercial, housing, retail, hospitality, IT SEZ, IT parks and industrial parks.

Peers
Company Name CMP
Lodha Developers 1167.20
Prestige EstatesProj 1486.15
Dilip Buildcon 413.50
DLF 678.60
Oberoi Realty 1860.50
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