SBI MF reduces stake in McDowell Holdings by 3%
SBI Mutual Fund has cut its stake by 3 percent in Vijay Mallya-led McDowell Holdings to 5.77 percent.
SBI Mutual Fund, which had 8.77 percent earlier, brought down its shareholding in the company to 5.77 percent, McDowell Holdings said in a filing to BSE.
SBI MF sold 4.22 lakh shares of the company on July 8 and based on the closing stock price of Rs 33.75, the transaction is estimated to have been valued at Rs 1.41 crore. McDowell Holdings is a UB Group firm . The company’s stock was trading at Rs 32.10 on BSE, down 0.62 percent.
SBI MF ETF stock price
On July 13, 2015, at 15:42 hrs SBI Mutual Fund – Sensex ETF was quoting at Rs 291.80, up Rs 2.70, or 0.93 percent. The 52-week high of the share was Rs 362.00 and the 52-week low was Rs 255.00.
The company’s trailing 12-month (TTM) EPS was at Rs per share as per the quarter ended July 2015. The stock’s price-to-earnings (P/E) ratio was 0. The latest book value of the company is Rs per share. At current value, the price-to-book value of the company is 0.00.