Franklin Templeton Investment Funds reducing exposure to Peninsula Land Ltd

Franklin Templeton Investment Funds has announced the shareholding of FTIF-T Asian Growth Fund (Fund) in Peninsula Land Ltd (company).

The fund has sold 52723 equity shares or 0.02% in the company through open market sale on March 12, 2018. Prior to this deal, the fund had 14,358,138 equity shares or 5.14% stake in the company.

Post the deal, the stake of the fund has reduced to 14,305,415 equity shares or 5.12% in the equity share capital of the company.

Shares of PENINSULA LAND LTD. was last trading in BSE at Rs.24.5 as compared to the previous close of Rs. 23.8. The total number of shares traded during the day was 105783 in over 400 trades.

The stock hit an intraday high of Rs. 24.7 and intraday low of 23.45. The net turnover during the day was Rs. 2527054.

Source : Equity Bulls

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