Saturday, January 23, 2010

L&T to sell second tranche of Satyam stake by Fri: Sources

Larsen & Toubro plans to sell second tranche of Satyam stake this week, sources told CNBC-TV18's Nimesh Shah. The company holds 4.58% stake in Mahindra Satyam. The stake is valued at around Rs 614 crore.

In November, it had sold 2.32% stake, or 2.72 crore shares, in Mahindra Satyam at Rs 112.50 per share.

At 2:49 pm, the share was quoting at Rs 1,652, down Rs 2.85, or 0.17% with volumes of 128,967 shares.
Source: Moneycontrol.com
Courtesy moneycontrol.com








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