TA FDI investors lowers stake in Prudent Corporate

Mumbai: TA FDI Investors sold shares of Prudent Corporate Advisory Services worth ₹481.31 crore in a bulk deal on NSE on Tuesday. The company sold 29.16 lakh shares at ₹1,650.05 apiece. As of March 31, TA FDI Investors owned 7.04% stake in the company.

Canara Robeco Mutual Fund, DSP Mutual Fund and Kotak Mutual Fund were among some of the buyers in the deal. Shares fell 5.21% to close at ₹1,640 on Tuesday. In the last one month, the company's shares gained 6.11% against an up-move of 0.35% in BSE SmallCap Index in the same period.