Nalanda Capital ups exposure to consumer firm as coronavirus roils stocks

By Ankit Doshi

  • 19 Mar 2020
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Credit: 123RF.com

Singapore-based Nalanda Capital has increased its exposure to one of India’s largest sanitaryware companies, taking advantage of a recent steep fall in its stock price. The India-focused private equity-style investor in public equities has bought an almost 2% stake in Cera Sanitaryware Ltd for Rs 60 crore ($8 million at current ......

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