India's Shriram Properties falls on bulk deal

Shriram Properties

06/12/2023 07:49

** Shares of Shriram Properties  SRIP.NS  fall as much as
4.1% to 122.4 rupees
    ** U.S. Private equity firm TPG Asia SF V Pte sold 16.76 
mln shares at 113.4 rupees per share in bulk deal on Tuesday,
National Stock Exchange data shows
    ** Sale at a discount of 11.02% to SRIP's last close
    ** SRIP set to snap four straight session of gains
    ** Stock last down 3.5%, trimming YTD gains to ~65%


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))