ICICI Prudential Mutual Fund has made a significant acquisition by purchasing 10.7 lakh shares in Newteb Tech India at an average price of \u20b92,232.1 per share. This substantial investment highlights the mutual fund\u2019s confidence in the company\u2019s growth potential and market positioning.<\/p>\n
In a parallel transaction, Citigroup Global Markets Mauritius Private Limited \u2013 ODI acquired 4.4 lakh shares of Newteb Tech India, also at an average price of \u20b92,232.1 per share. This indicates a strong interest from major financial institutions in Newteb Tech India, reflecting positive market sentiment towards the company\u2019s future prospects.<\/p>\n
In other notable transactions, Copthall Mauritius Investment Fund bought 2 lakh shares in Manglam Infra and Engineering at an average price of \u20b9123.1 per share. This investment suggests a strategic interest in the infrastructure and engineering sector, which is expected to see significant growth in the coming years.<\/p>\n
Additionally, Unico Global Opportunities Fund Limited purchased 6.5 lakh shares of Dharmaj Crop Guard at an average price of \u20b9330.63 per share. On the other hand, Elara India Opportunities Fund sold 6.5 lakh shares of Dharmaj Crop Guard at a slightly higher average price of \u20b9330.65 per share. This buy-sell transaction indicates diverse investment strategies and perspectives on the agricultural sector\u2019s growth potential.<\/p>\n
Additionally, Elara India Opportunities Fund Limited sold 5.8 lakh shares of Dudigital Global at an average price of \u20b978.5 per share, indicating a shift in their investment portfolio.<\/p>\n
NAV Capital VCC \u2013 NAV Capital Emerging Star Fund divested 1.6 lakh shares in Nephro Care for an average price of \u20b9316.55 per share. This sale might reflect a reallocation of resources or profit-taking strategy by the fund.<\/p>\n
Moreover, Nomura India Investment Fund Mother Fund bought 5.9 lakh shares in Genus Power at an average price of \u20b9346.5 per share, highlighting their interest in the power sector, which is crucial for India\u2019s infrastructure development.<\/p>\n
These bulk deals demonstrate the dynamic nature of the stock market and the varied strategies adopted by institutional investors to capitalize on growth opportunities across different sectors.<\/p>\n
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Copthall Mauritius Investment Fund acquired 2 lakh shares in Manglam Infra and Engineering at \u20b9123.1 per share, and Unico Global Opportunities Fund Limited bought 6.5 lakh shares in Dharmaj Crop Guard at \u20b9330.63 per share. <\/p>\n","protected":false},"author":415,"featured_media":28074,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[16002,15993,15995,15997,15996,16001,15991,15994,15998,15999,15992,16000],"class_list":["post-28060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india","tag-bulk-deals","tag-citigroup-global-markets","tag-dharmaj-crop-guard","tag-dudigital-global","tag-elara-india-opportunities-fund","tag-genus-power","tag-icici-prudential-mf","tag-manglam-infra","tag-nav-capital","tag-nephro-care","tag-newteb-tech-india","tag-nomura-india-investment-fund"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/28060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/users\/415"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/comments?post=28060"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/posts\/28060\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media\/28074"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/media?parent=28060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/categories?post=28060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/asia\/wp-json\/wp\/v2\/tags?post=28060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}