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Anupam Rasayan rallies 13% in 2 days after Plutus Wealth buys stake

Shares of Anupam Rasayan India gained 5 per cent to Rs 716 on the BSE in intra-day trade on Thursday, rallying 13 per cent in the past two trading days, after Plutus Wealth Management bought 1 million shares of the company via open market on Wednesday. The stock is trading at its highest level since its listing on March 24, 2021. On May 5, Plutus Wealth Management purchased 1 million shares, representing 1 per cent stake of Anupam Rasayan India, for Rs 64.75 crore. The foreign institutional investor bought shares at Rs 647.3 apiece through a bulk deal on the BSE, the exchange data shows. The name of seller was not ascertained immediately.

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Nazara IPO: Ahead of IPO, Nazara Technologies garners Rs 261 crore from anchor investors

NEW DELHI: Gaming firm Nazara Technologies on Tuesday said it has mopped up a little over Rs 261 crore from anchor investors ahead of its initial public offer, which opens for subscription on Wednesday. The company s initial public offer (IPO) committee has decided to allocate 23,73,395 shares to 43 anchor investors at Rs 1,101 per piece. At this price, the firm has raised Rs 261.31 crore, Nazara Technologies informed BSE. Among the anchor investors are Government of Singapore, Abu Dhabi Investment Authority, Goldman Sachs India Ltd, Noumura Funds Ireland Public Limited Company, Steadview Capital Mauritius Ltd. In addition, SBI Mutual Fund (MF), HDFC MF, ICICI Prudential MF, Axis MF, Sundaram MF, Kotal MF and Aditya Birla Sunlife MF too participated in the anchor book bidding. Â

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