Ajmera Realty & Infra India saw a robust opening with shares surging nearly 3 percent on December 20, following Quest Investment Advisors, a portfolio manager, acquiring a 1.4 percent stake in the real estate company.
According to exchange data on December 19, Quest Investment Advisors made a strategic move by purchasing 5,01,443 equity shares, representing a 1.4 percent stake in Ajmera Realty and Infra India through open market transactions.
Simultaneously, Fahrenheit Fun and Games opted to sell 7 lakh shares in the company at Rs 425 per share. As of September 2023 data, Fahrenheit retained a 7.05 percent stake, equivalent to 25 lakh shares in Ajmera Realty & Infra India.
As of 10:46 am, Ajmera Realty’s shares demonstrated a substantial 3.90% uptick, reaching ₹446.05.
