Who wrote this article?

Aakash Agarwal, Capitalmind's research team.

IDFC Sterling Equity Fund enters Linc Pen & Plastic with 1.2 lakh shares

14 Jul 2016Aakash Agarwal1 min read

Quick Facts

What is "IDFC Sterling Equity Fund enters Linc Pen & Plastic with 1.2 lakh shares" about?
What category is this article in?: Stocks
Who wrote this article?: Aakash Agarwal, Capitalmind's research team.
When was this article published?: Published 14 July 2016.
How long does this article take to read?: 1 min read
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.

Linc Pen Logo

Linc Pen & Plastics Limited is one of India’s most trusted Writing Instrument brands with a national and international presence in over 50 countries.

The company has manufacturing units in Serakol and Falta, with an annual capacity of more than 2 million units. Linc Pens has an exclusive license to distribute and market Uniball products.

The stock closed at Rs. 254.20/- a gain of over 6%.

**IDFC Mutual Fund’s Sterling Equity Fund **purchased 123,446 shares or 0.83% from Ajanta Sales which held 243,078 shares or 1.64% for the period ended March, 2016.

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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.

Disclosure: The authors at Capital Mind have positions in the market and some of them may support or contradict the material given above, or may involve a direction derived from independent analysis.