Nov 27, 2012, 06.18 PM | Source: Reuters
Shares in private sector lender Federal Bank Ltd fall 2.5 percent after L&T Finance Holdings Ltd sold 7.99 million shares in the bank at an average price of Rs 453.37.
L&T Finance on Monday said it plans to raise about USD 65 million by selling its 4.7 percent stake in the bank, according to a source and a term sheet obtained by Reuters.
Dealers say less bids at top end of the price range for block sale is keeping the stock under pressure.
L&T Finance Holdings will continue to shed its non
In a rare interview and his first since he became
Centrum is bullish on L&T Finance has recommended
Ashwani Gujral of ashwanigujral.com is of the view
According to VK Sharma, Head-Business, Private Cli