Real Estate promoter of Indiabulls sells shares worth Rs 342 cr


Kritikka Infrastructure,an entity of, Indiabulls Real Estate, yesterday offloaded 1.45 crore shares of realty company firm.


According to NSE, the company sold 1.45 crore shares, or 3.05 percent stake.The shares were disposed of at an average price of Rs 236.26 apiece, valuing the transactions at Rs 342.57 crore, the data showed.


Indiabulls Real Estate shares ended the day on NSE at Rs 237.90, down 5.12 per cent from the previous close.


 Press Trust of India

Written by The Realty Paper

1 Comment

Dear team , I would like to know the risks to be considered, flags to be raised for Supertech Romano. About 70percent has been paid by the buyer. Thanks. twitter @AnalyseReal.

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