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Mauritius Debt Mgmt sells 0.65% stake in Saurashtra Cement
Source: IRIS | 24 Jun, 2015, 12.18PM
Rating: NAN / 5 stars.
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Mauritius Debt Management has sold 0.65% stake in Saurashtra Cement on Tuesday for Rs 13.36 million. It sold 0.33 million shares at an average price of Rs 40.06 on the Bombay Stock Echange (BSE).

Saurashtra Cement (SCL) is the flag ship company of The Mehta Group. SCL is one of the leading players in the Indian cement industry, manufacturing Portland Pozzolana Cement (PPC), Ordinary Portland Cement (OPC) and Sulphate Resisting Portland Cement (SRPC).

Shares of the company gained Rs 0.1, or 0.25%, to trade at Rs 40.25. The total volume of shares traded was 119,664 at the BSE (12.01 p.m., Wednesday).

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