Just Dial dips after Sequoia Capital sells stake

Sequoia Capital India Investments III sold 11,12,000 shares at Rs 900 per share

Shares of Just Dial were down over 3% on the National Stock Exchange after Sequoia Capital India Investments III sold stake in the company via a bulk deal on the NSE.

Sequoia Capital India Investments III has sold 11,12,000 shares of Just Dial at Rs 900 per share on Friday, December 11, 2015, according to the bulk deal data on the NSE.

The stock opened at Rs 875 and touched a high of Rs 884. At 12:20pm, over 370,000 shares were traded on the stock exchanges.