Reliance Mutual Fund schemes reduce exposure to Texmaco Rail & Engineering Ltd

Reliance Nippon Life Asset Management Ltd (RNLAM) A/c through various schemes of Reliance Mutual Fund (RMF) has reduced its stake in Texmaco Rail & Engineering Ltd (company).

Reliance Mutual Fund through various schemes had 1,01,03,474 equity shares or 4.5961% stake in the company, which has reduced after the sale of shares in the company through market sale.

RMF has sold 21,79,993 equity shares or 0.9917% stake in the company through open market sale. Post the deal, RMF's stake in the company has reduced to 79,23,481 equity shares or 3.6044%.

Shares of TEXMACO RAIL & ENGINEERING LTD. was last trading in BSE at Rs.89.05 as compared to the previous close of Rs. 88.65. The total number of shares traded during the day was 56520 in over 378 trades.

The stock hit an intraday high of Rs. 90.4 and intraday low of 88.2. The net turnover during the day was Rs. 5046865.

Source : Equity Bulls

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