What to Watch. Salzer Electronics: L&T sells 4 lakh shares

Shares of Salzer Electronics will remain in focus as Larsen & Toubro sold four lakh shares of the company, bulk deal data on the BSE revealed. At the end of June, L&T’s holding stood at 26.79 lakh shares (19.82 per cent). In the last 10 days, institutions such as Merrill Lynch (1.09 lakh shares) and Sundaram Mutual Fund (54,600 shares) also sold the company’s shares. The stock could see pressure if they dilute further stake.