Canara Bank to dilute stake in Can Fin Homes Ltd at Rs. 2000

Canara Bank had floated an RFP for empanelling the investment / merchant bankers for diluting its stake of 70% in Canbank Factors Ltd and 13.45% in Can Fin Homes Limited.

The RFP has been floated and investment / merchant bankers have been empanelled by the bank for diluting its 13.45% stake in Can Fin Homes Ltd.

The base price for the sale has been fixed at Rs. 2000 per share for Can Fin Homes Ltd.

Shares of CANARA BANK was last trading in BSE at Rs.291.3 as compared to the previous close of Rs. 291.45. The total number of shares traded during the day was 80173 in over 1413 trades.

The stock hit an intraday high of Rs. 294.4 and intraday low of 290. The net turnover during the day was Rs. 23455586.

Shares of CAN FIN HOMES LTD. was last trading in BSE at Rs.1993.05 as compared to the previous close of Rs. 2014.25. The total number of shares traded during the day was 7275 in over 632 trades.

The stock hit an intraday high of Rs. 2024 and intraday low of 1990.15. The net turnover during the day was Rs. 14613731.

Source : Equity Bulls

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