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FinanceDalal Street Investment Journal

Small-Cap Industrial Machinery Company Hits 10% Upper Circuit After Nippon India Mutual Fund and Bank of India Mutual Fund Acquire 26.38 Lakh Shares

in5points
  1. Laser Power & Infrastructure share price hit 10% upper circuit at Rs 288.65 after institutional bulk deals.

  2. Nippon India Mutual Fund purchased 16.95 lakh shares at an average price of Rs 260.75 and Rs 260.98 per share.

  3. Bank of India Mutual Fund acquired 9.43 lakh shares at an average price of Rs 263.36 per share.

  4. Other buyers included BOFA Securities Europe SA (9 lakh shares), Buoyant Opportunities Strategy (10 lakh shares each), F3 Advisors Private Limited (11.67 lakh shares), and IRAGE Broking Services LLP.

  5. Sellers included IRAGE Broking Services LLP, F3 Advisors Private Limited, and NK Securities Research Private Limited at prices between Rs 259.18 and Rs 262.85 per share.

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