Morgan Stanley trims its Flipkart valuation once again
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.
Morgan Stanley makes the sixth revision in value of its each share in Flipkart. Photo: Reuters