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Stocks

Credit Suisse sells a third of its holding (33.5 lakh shares) in Aegis Logistics at 40 Cr.

Aegis-Logo.jpg

Aegis Logo

Aegis Logistics handles liquids and gas storage and transport, mainly at ports. It has been expanding capacity at a rapidly and has terminals in Pipavav, Kochi, Kandla, Mumbai and Haldia ports.

They also have a large AutoGas operation in the south where they have pumps that dish out LPG, for auto usage. (latest report here)

Credit Suisse Logo

Credit Suisse (Singapore) which held 10,395,000 shares representing 3.11% of the share capital, has sold shares worth 40 Cr on both the National and Bombay Stock Exchange.

The total shares sold were 3,350,000 or 1% (33% of its holding) thereby bringing its new holding to 7,045,000 shares or 2.11%. The buyers of the shares have not been disclosed yet.Aegis Share Price

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