New World, Smallcap World funds exit from Piramal Enterprises

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New World Fund Inc and Smallcap World Fund on Thursday sold 58.54 thousand shares, or about 2.45 percent, of Piramal Enterprises Ltd. With the sale, both FPIs exited the PEL. However, the identity of the buyers is unknown. Shares of Piramal Enterprises, after hitting a low of Rs 936, closed the day at INR 940.50, down 1 per cent on BSE.