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ICICI Venture sells half its stake in Info Edge
Published on Thu, Nov 23, 2006 at 09:10   |  Updated at Thu, Nov 23, 2006 at 10:45  |  Source : Moneycontrol.com

ICICI Venture has made a killing on the stock market by selling half its stake in Info Edge, reports CNBC-TV18.

According to BSE data, ICICI Venture sold nearly 11 lakh shares in Info Edge at Rs 587 a share. The total deal is valued at Rs 64 crore.


In 2000, ICICI Venture invested a little over Rs 7 crore in the company, buying over 21 lakh shares at Rs 33 each.

Post this deal, it still holds more than 10 lakh shares in the company.

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