By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
BeFirsTrankBeFirsTrank
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Reading: BNP Paribas sells Rs 113-cr worth shares in Future Group
Share
Aa
Aa
BeFirsTrankBeFirsTrank
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Search
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Have an existing account? Sign In
Follow US
© 2023 BeFirsTrank News Network
Future

BNP Paribas sells Rs 113-cr worth shares in Future Group

anik
Last updated: 2015/12/26 at 4:23 PM
By anik 2 Min Read
Share
SHARE

Financial services firm BNP Paribas Arbitrage on Thursday divested 3.62 percent stake in Future Consumer  Enterprises (FCEL) for Rs 113.40 crore in an open market transaction. According to the exchanges’ bulk deal data, BNP Paribas sold 6 crore shares or 3.62 percent stake in the Kishore Biyani-led company at a price of Rs 18.90 per share. As of September 2015, BNP Paribas held 9.27 crore shares or 5.60 percent stake in the Future Group firm. Meanwhile, Brussels-based Verilinvest hiked its stake in the company by purchasing 5.98 crore shares for Rs 113.20 crore. The consumer-focused investment fund held 4.79 crore shares or 2.89 percent stake in Future Consumer Enterprises (earlier known as Future Ventures India Ltd), as of September 2015. Future Group operates Big Bazaar, KB’s and EasyDay outlets across India. Shares of FCEL on Thursday soared 8.59 percent to settle at Rs 22.75 on BSE.

Future Consumer stock price On December 24, 2015, Future Consumer Enterprise closed at Rs 26.20, up Rs 0.35, or 1.35 percent. The 52-week high of the share was Rs 27.25 and the 52-week low was Rs 10.25. The latest book value of the company is Rs 5.58 per share. At current value, the price-to-book value of the company was 4.70.

[“source-moneycontrol”]

You Might Also Like

Fatherhood, marriage, and Longevity in the

India is at the forefront of the digital revolution

How the future will be altered by artificial intelligence

Cybersecurity audit: what it is and why you need one?

Personalized advertising fuels growth and drives competitiveness for European businesses

TAGGED: BNP Paribas sells Rs 113-cr, worth shares in Future Group
anik December 26, 2015
Share
Previous Article Up in Michigan: three Midwest furniture makers conceive the offices of the future
Next Article Jaguar and Land Rover to Skip Detroit Auto Show

Calendar

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    

Latest Trending News

  • Your Ebike Battery is Draining Too Quickly? Six Reasons August 29, 2025
  • Test of Turbo Petrol-Powered Automobiles: Actual City and Highway Fuel August 26, 2025
  • Buying a Used VW Car in Albuquerque? Here’s What to Know August 21, 2025
  • What to Do If the Trunk of Your Nissan Won’t Open August 20, 2025
  • Fatherhood, marriage, and Longevity in the August 14, 2025
  • Style, Luxury, and Innovation in a New Car Coming in 2024 August 13, 2025
  • Interior of the 2025 Mitsubishi Outlander PHEV August 8, 2025

© 2023 Befirstrank News Network. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?