Who wrote this article?

Aakash Agarwal, Capitalmind's research team.

What topics does this article cover?

Akash Bhanshali, Franklin Templeton Asset Management

Franklin Templeton Asset Management sells 6 lakh shares of Career Point Limited

22 Jun 2016Aakash Agarwal1 min read

Quick Facts

What is "Franklin Templeton Asset Management sells 6 lakh shares of Career Point Limited" about?
What category is this article in?: Stocks
Who wrote this article?: Aakash Agarwal, Capitalmind's research team.
When was this article published?: Published 22 June 2016.
How long does this article take to read?: 1 min read
What topics does this article cover?: Akash Bhanshali, Franklin Templeton Asset Management
What does the "Disclaimer" section say?: Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.

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Career Point Limited incorporated to impart quality education to students preparing for various competitive examinations. The Company has diversified business operations with multiple product offerings including Test Preparation, Schools (Pre-schools and K12), Technical Campuses, and Private Universities in multiple geographies. (latest presentation here)

Franklin Templeton Asset Management sold 600,000 shares representing 3.31% of the share capital at an avg. price of Rs. 106.5/- per share thereby valuing the stake sale at Rs. 6.3 cr.

Big Whale Akash Bhanshali (Check out the complete portfolio up to March, 2016) currently holds 450,967 shares representing 2.49% of the share capital.

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Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.