MoneyWorks4Me

Merrill Lynch has sold over 50 lakh equity shares or 3.23% stake in Ansal Properties and Infrastructure through open market for about Rs 9 crore. Following the stake sale, Merrill Lynch’s stake in Ansal has come down to 2.95% from 6.18%. As on December 2013, Merrill Lynch Capital Markets Espana had 6.62% stake in Ansal Properties.

Recently, Nomura Singapore has reportedly bought 49.90 lakh shares or 1.63% stake of Ansal Properties and Infrastructure 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 1061.90
Prestige EstatesProj 1486.20
Dilip Buildcon 402.65
DLF 674.00
Oberoi Realty 1707.35
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