Merill Lynch Buys 21.25 Lakh Shares of IVRCL


Mumbai: Foreign fund house, Merrill Lynch Capital Markets, bought 21.25 lakh shares of infrastructure company IVRCL for 15 crore through an open market transcation. Merrill Lynch Capital Markets Espana SA SVB purchased 21,25,000 equities of IVRCL for 70.83 a piece, valuing the deal to 15 crore, according to bulk data available with the stock exchanges. Last week, Merrill Lynch Capital Markets bought 16 lakh shares of IVRCL for 11.83 crore. Shares of IVRCL fell 2.61 percent to close at 70.80 a piece on the BSE.
Source: PTI