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Swiss Finance Corp sells shares in Tata Motors DVR

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Press Trust of India New Delhi
A foreign institutional investor today sold shares worth Rs 184 crore in Tata Motors DVR.

Swiss Finance Corporation (Mauritius), one of the public shareholders of Tata Motors DVR, sold 64,81,660 shares to Merrill Lynch Markets Singapore Pte, according to the bulk deal data available on the BSE.

These shares are valued at Rs 184.46 crore, with the average price being Rs 284.6 per scrip.

Merrill Lynch Markets Singapore Pte sold 2,000 shares of Tata Motors DVR at a sum of Rs 5.70 lakh. However, the buyer could not be ascertained.

Tata Motors DVR settled for the day at Rs 285.05 on BSE, down 1.26 per cent from the previous close. It had touched a high of Rs 292.95 and a low of Rs 283.20 during the intra-day trade.

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First Published: Mar 21 2017 | 9:57 PM IST

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