Tuesday, June 14, 2011

Block deal in HDFC

16.5 million shares, or 1.12% of equity of HDFC changed hands on 14th June 2011 at Rs 643 each on the Bombay Stock Exchange. The likely seller could be Citigroup as they had decided to reduce its stake in HDFC to about 10% from 11.4% via stock market deals.

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