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IDFC Infrastructure Fund sells 17.25 lakh shares of Ashoka Buildcon: Report

24 Mar 2014 Evaluate

IDFC Infrastructure Fund has reportedly offloaded 17.25 lakh shares of Ashoka Buildcon through the open market route. The shares were sold on an average price of Rs 75.50 valuing the transaction to Rs 13.02 crore.

Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.

Peers
Company Name CMP
Larsen & Toubro 4042.10
Kalpataru Projects 1372.65
NCC 122.45
Rail Vikas Nigam 193.50
KEC International 329.80
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