Hedge fund Abakkus bets on a building materials company

By TEAM VCC

  • 18 Jun 2020
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Credit: 123RF.com

Hedge fund Abakkus Asset Manager LLP has picked up a small stake in a publicly listed building materials company that makes and sells products such as roofing materials, putty, wall panels and polymer pipes. Abakkus bought a 1.7% stake in CK Birla group firm HIL Ltd, earlier known as Hyderabad Industries ......

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