Wednesday 1 January 2014

FIL Investments sells 28.51 lakh shares of Transport Corporation of India

FIL Investments (Mauritius) has sold 28,51,863 shares of Transport Corporation of India (TCI) through an open market transaction. The shares were sold at an average price of Rs 78.01 on National Stock Exchange (NSE) on December 31, 2013.

On the other hand, Derive Investments has purchased 25,48,900 shares of the company at an average price of Rs 78.00.

TCI is the flagship company of TCI Group and provides full truck load and less than full truck load transportation to a network of over 3000 destinations in India.

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