IFCI sells about 37 lakh shares of Core Education shares

On the NSE,the entity sold 26.85 lakh shares of Core Education amp; Technologies,while it offloaded 10.10 lakh shares on the BSE.

The shares were sold at an average price of Rs 65.61 apiece aggregating the deal size to Rs 24.2 crore,according to the bulk deal data.

In a separate bulk deal,ABG International acquired four lakh shares of ABG Shipyard,the country8217;s largest private shipbuilder,for nearly Rs 11.3 crore.

These shares were picked up at Rs 281.81 apiece.

Shares of Core Education plunged by around 46 per cent on the bourses today on speculation that the pledged shares of the companies are being sold off.