Indigo Paints has witnessed significant buying activity from institutional investors recently. Notable purchases include:
- Morgan Stanley Asia (Singapore) acquiring 308,255 shares.
- Arisaig Asia Fund Limited purchasing 806,035 shares.
- HDFC Mutual Fund investing heavily with the acquisition of 1,004,059 shares.
- Mercer QIF Fund Plc-Mercer Investment Fund adding 318,965 shares to its portfolio.
On the other hand, Peak XV Partners Investments IV has opted to sell its stake in the company, signaling a notable exit amid the buying spree.
While Indigo Paints is attracting attention from major funds, the contrasting move by Peak XV raises questions about future strategies and market sentiment.
TOPICS:
Indigo Paints