Nalanda India Fund sells 7.5 lakh shares of Ratnamani Metals

Mumbai: Nalanda India Fund sold 7.5 lakh shares of Ratnamani Metals & Tubes via bulk deal on Wednesday at Rs 781.65 per share, data on BSE showed. This amounts to sale of 1.6% stake in Ratnamani Metals.

Kotak Mahindra Mutual Fund bought 6.9 lakh shares of Ratnamani Metals at Rs 780 per share, the data showed. Nalanda Fund held 10.84% stake in Ratnamani Metals at the end of December.

Shares of Ratnamani Metals ended down 4.4% at Rs 874.10 on Wednesday. Nalanda fund has sold shares of Kewal Kiran Clothing, Page Industries, Supreme Industries and Triveni Turbine this month.