Aarkay Investment sells 11 lakh shares of TEECL

Aarkay Investment has offloaded 11 lakh shares of Techno Electric and Engineering Company (TEECL) through the open market route. The shares were sold on an average price of Rs 275.01 valuing the transaction to Rs 30.25 crore. On the other hand, SBI Mutual Fund - SBI Emerging Businesses Fund has bought 10.86 lakh shares of the company for an average price of Rs 275 through open market route.

Techno Electric & Engineering Company, headquartered in Kolkata, is a leading EPC company in the power sector. It provides engineering, procurement and construction services to all the three segments of power sector namely generation, transmission and distribution.