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Merill Lynch Buys 21.25 Lakh Shares of IVRCL

Tuesday, 17 April 2012, 19:26 IST
By PTI
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Mumbai: Foreign fund house, Merrill Lynch Capital Markets, bought 21.25 lakh shares of infrastructure company IVRCL for Rs.15 crore through an open market transcation.

Merrill Lynch Capital Markets Espana SA SVB purchased 21,25,000 equities of IVRCL for Rs.70.83 a piece, valuing the deal to Rs.15 crore, according to bulk data available with the stock exchanges.

Last week, Merrill Lynch Capital Markets bought 16 lakh shares of IVRCL for Rs.11.83 crore. Shares of IVRCL fell 2.61 percent to close at Rs.70.80 a piece on the BSE.
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