India's Jindal SAW falls after Cresta Fund sells stake

Jindal Saw

18/07/2023 09:47

** Shares of Jindal SAW Ltd  JIND.NS  fall as much as 2.8%
to 335.95 
    ** Fall after U.S. investment fund Cresta Fund sold 2.5 mln
shares of co aggregating to 0.78% stake at an avg price of
330.01 rupees per share 
    ** Over 1.4 mln shares change hands by 02:09 p.m. IST, 0.9x
the 30-day moving avg
    ** Stock up 226% in 2023 so far compared to over 9% rise in
benchmark Nifty 50 index  .NSEI 


 (Reporting by Kashish Tandon in Bengaluru)
 ((Kashish.tandon@thomsonreuters.com))