NEWSALERT: Sloane Robinson raises its stake in Indiabulls to 5.08%

Foreign fund house Sloane Robinson LLP has raised its stake to 5.08 per cent in  Indiabulls Financial Services through an open market transaction for an undisclosed amount.

Fund house purchased 10.77 lakh shares representing 0.42 per cent stake in the company on 23rd June.

Prior to the said purchase Sloane Robinson LLP held 4.65 per cent stake in the company.

Details awaited