Business Standard

Indiabull loss is DLF's gain

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BS Reporter Mumbai

Among the clutch of foreign investors that bought a part of the 10 per cent stake sold by DLF promoters, Copthall Mauritius Investment was one. It bought stake worth Rs 460 crore. Copthall, incidentally, sold Rs 33 crore worth of stake in Indiabulls Real Estate yesterday, according to data revealed by the National Stock Exchange.

The foreign institutional investor held 1.27 per cent stake in Indiabulls prior to the sale. Overseas investors on Tuesday sold Rs 53.04 crore worth of stake in Indiabulls, according to exchange.

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First Published: May 14 2009 | 12:34 AM IST

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