Β 

Promoters Offload Vishnu Prakash & Privi Speciality Shares, SBI MF Steps In

On December 31, promoters sold off more than 9% of the shares of Privi Speciality Chemicals, a maker of aroma and fragrance chemicals, while SBI Mutual Fund purchased an additional roughly 6% ownership holding.

Privi Speciality Chemicals Share Movement

Following a gap-down start on the NSE, Privi Speciality Chemicals shares fell 12.1 percent to Rs 2,804.4, the lowest closing level since October 17.

SBI Mutual Fund purchased 22.4 lakh shares (or 5.73 percent of paid-up equity capital) for Rs 634.8 crore at a price of Rs 2,833.96 per share, according to the bulk sales data. The fund company previously owned 3.64 percent of Privi via its Multi Asset Allocation Fund.

Other Share Purchases and Sales

Additionally, Bhaumikbhai Kiritbhai Doshi paid Rs 2,836.91 per share, or Rs 53.39 crore, for 1.88 lakh shares in the chemical firm. However, for Rs 1,029.8 crore, or Rs 2,838 per share, promoter Vivira Investment and Trading sold 36.28 lakh shares, or 9.28 percent of the shareholding.

Ceigall India Transactions

Ceigall India has seen rapid growth as well, increasing by 0.21 percent to Rs 268.8. Pine Oak Global Fund sold 14 lakh shares (0.8 percent stake) for Rs 36.5 crore at Rs 261.04 per share, while HDFC Mutual Fund through HDFC Balanced Advantage Fund (HDFCGR) purchased 13.13 lakh shares (0.75 percent stake) in the infrastructure construction company for Rs 261 per share at Rs 34.28 crore.

Vishnu Prakash R Punglia Share Movement

For Rs 26.72 crore, the Pungalia family sold a 4.01 percent share in the infrastructure development firm Vishnu Prakash R Punglia. The stock consequently dropped 4.81 percent to its all-time closing low of Rs 52.65. The stock fell 85% during the last year from its peak of Rs 345.75 in December 2024.

Anil Punglia sold 10 lakh shares at Rs 53.75 per share for Rs 5.37 crore, Pushpa Pungalia sold 15 lakh shares at Rs 53.4 per share for Rs 8.01 crore, Pushpa Devi Pungalia sold 15 lakh shares at Rs 53.2 per share for Rs 7.98 crore, and Vijay Punglia sold 10 lakh shares at Rs 53.62 per share for Rs 5.36 crore.

On the other hand, Jaliyan Commodity paid Rs 7.07 crore for 13.46 lakh shares (1.08 percent of Vishnu Prakash R Punglia) at a price of Rs 52.58 a share.

Swan Corp Share Transactions

For Rs 70.2 crore, or Rs 468 per share, Jupiter India Fund and The Jupiter Global Fund-Jupiter India Select purchased 15 lakh shares (or 0.47 percent of Swan Corp); nevertheless, Jainam Broking was the seller in this transaction, selling 15 lakh shares at the same price. At Rs 468.85, the stock was down 0.5 percent.

Gourav

About the Author

I’m Gourav Kumar Singh, a graduate by education and a blogger by passion. Since starting my blogging journey in 2020, I have worked in digital marketing and content creation. Read more about me.

Leave a Comment