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Morgan Stanley trims its Flipkart valuation once again

Morgan Stanley trims its Flipkart valuation once again

Tue, Feb 28, 2017

Morgan Stanley Institutional Fund Trust – a mutual fund arm of Morgan Stanley, in a US Securities and Exchange Commission (SEC) filing said that it has revised value of its each share in Flipkart Online Services at $50.51 per share as of December 2016, down 3.10% from $52.13 per share of September 2016.

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