IDFC Alternatives part exits construction firm Ashoka Buildcon with modest returns

IDFC Alternatives has sold nearly half of its stake in engineering, procurement and construction (EPC) firm Ashoka Buildcon Ltd for Rs 51.3 crore. IDFC Infrastructure Fund II has sold 6.01 per cent on Tuesday, bringing down its stake to 7.56 per cent.The shares were sold at a profit of 15 ......