MoneyWorks4Me

Strategic Ventures sells 9.33% stake in Alfa Transformers

20 Mar 2014 Evaluate

Strategic Ventures Fund (Mauritius) has offloaded 9.33% stake in Alfa Transformers for Rs 81.30 lakh. The investment company has sold 0.5 million shares at a price of Rs 16.25 on the BSE.

As on December 31, 2013, the promoters holding in the company stood at 49.92% while Non-Institutions held 50.08% stake in the company.

Alfa Transformers produces Electrical Distribution & Power Transformers ranging from 10KVA, 12KV Class to Transformers of 10 MVA, 36 KV Class.

Peers
Company Name CMP
Waaree Energies 2520.00
Apar Industries 17929.55
Havells India 1117.00
Suzlon Energy 40.76
Siemens 3769.95
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