Anandam Enterprises and Navodya Enterprises, both linked to businessman Sachin Bansal, purchased a combined 1.38% of Electronics Mart India on 7 August. Anandam bought 21.08 lakh shares for Rs 35.2 crore at ₹166.98 each, while Navodya acquired 32.2 lakh shares for Rs 53.24 crore at ₹165.36 each. These purchases total a 1.4% equity stake.
The market reacted strongly, with Electronics Mart shares jumping 10.72% to ₹165.83, the highest close since December 2024. Trading volume was also notably high, indicating investor interest.
Authum Investment & Infrastructure added 2.73 lakh shares of Prataap Snacks at ₹32.32 crore, valuing a 1.14% stake. Earlier, on Wednesday, the firm had bought a 0.91% stake for ₹25.45 crore. The bulk purchase helped lift Prataap Snacks shares 5.25% to ₹1,227.40, the highest close since April 2025.
In a separate transaction, promoter P Arul Sundaram sold 6.97 lakh shares of RPP Infra Projects for ₹3.98 crore at ₹57.24 each, representing a 1.4% stake. Buyers included Baskaran Ganesan Abin Dinesh, who bought 3.46 lakh shares at ₹57.27 for ₹1.98 crore, and G Visalatchi, who purchased 3.48 lakh shares at ₹57.22 for ₹1.99 crore.
Blue Lotus Capital Multi Bagger Fund II liquidated 63,900 shares of Remus Pharmaceuticals at ₹830.19 per share, amounting to ₹5.3 crore. This sale marked the fund’s exit from the pharmaceutical stock.
These bulk trades illustrate how strategic acquisitions and divestments can move market prices, affecting investor sentiment across multiple sectors.