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Stocks

HSBC Fund reduces stake in Everest Industries while Morgan Stanley buys 0.84%

Everest Industries

Everest Industries offers building solutions for roofing, ceiling, wall, flooring and cladding and steel buildings for industrial, commercial and residential applications. The Company operates in two segments: building products and steel buildings. The building products segment includes manufacturing and trading of roofing products, boards and panels, other building products and accessories. The steel buildings segment consists of manufacture and erection of pre-engineered and smart steel buildings, and its accessories.

HSBC Progressive Themes Fund sold 80,000 shares or 0.52% while Morgan Stanley Singapore buys 130,000 shares or 0.84%. The holdings of both these funds prior to this deal is not known.

Everest Industries Share Price May 2016

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