Marg sells 11% in port unit to Ascent Capital for Rs 200 cr - 19-Sep-2011
Marg, a Chennai-based construction company, has raised Rs 200 crore private equity money for the ports subsidiary, Karaikal Port. The company's share price rose 2.5 percent while the broader market index BSE 500 shed 1 percent value. Over the past two weeks, Marg shares gained 21.8 percent while BSE 500 barely rose during the same period.