India Infoline not to sell stake to Invesco; stock slips

India Infoline has announced that rumours of Invesco, a US financial conglomerate, buying stake in the company are totally baseless.

MUMBAI: India Infoline has announced that rumours of Invesco, a US financial conglomerate, buying stake in the company are totally baseless. The company or the board has not considered any such proposal.

The stock was at Rs 88.10, up 1.15 per cent on the BSE. It touched a high of Rs 91.20 and low of Rs 87.05 in trade so far.
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