Templeton sells entire holding of JSPL debt securities at loss4 min read . Updated: 12 Mar 2016, 01:46 AM IST
The fund house ended with a loss of around `512 crore, which translates into 32.5% of the cost of acquisition
Mumbai: Franklin Templeton Asset Management (India) Pvt. Ltd has sold its entire holding of Jindal Steel and Power Ltd (JSPL) debt securities at a loss after the company had its ratings downgraded by credit assessor Crisil Ltd.
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