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Stocks

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

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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%.Linc Pen Share Price July 2016

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

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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.

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