MoneyWorks4Me

IDBI sells 17.36 lakh shares of S Kumars Nationwide: Report

11 Mar 2014 Evaluate

Industrial Development Bank of India (IDBI) has reportedly sold 17.36 lakh shares of S Kumars Nationwide through the open market route. The shares were sold on an average price of Rs 3.03 valuing the transaction to Rs 52.61 lakh.

S Kumars Nationwide is one of India’s leading textile and Apparel Company with expertise in multi-fiber manufacturing. The company has extended its presence in multiple product categories from Fabrics to Apparels and Home Textiles.

Peers
Company Name CMP
Vardhman Textiles 561.95
Welspun Living 223.70
Arvind 548.00
Raymond Lifestyle 677.40
K.P.R. Mill 1136.75
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