Post the sale, Morgan Stanley holds just over 1,000 shares in Jindal Saw
Financial services company Morgan Stanley has sold its almost entire stake in Jindal Saw Ltd through open market operations. No financial details were provided.
Following the sale, Morgan Stanley now holds 1,092 shares or 0.0004% stake in Jindal Saw.
In a regulatory filing, the pipe maker said Morgan Stanley had sold 1,48,74,295 shares or 5.3848% stake in the company on 23rd December. Before the transaction, Morgan Stanley had 1.48,75,387 shares or 5.3852%stake in Jindal Saw.
Jindal Saw closed Thursday 1.9% higher at Rs52on the BSE, while the 30-share Senex ended marginally up at 21,074.
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