Advanced Enzyme surges 12% as Nalanda India Equity Fund ups stake by 3%

Advanced Vital Enzymes Private Limited, the promoter of Advanced Enzyme Technologies, has offloaded 2.57 million equity shares at a price of Rs 270.04 per share

Between December 2020 and February 2021, traders were supposed to maintain at least 25 per cent of the peak margin
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Between December 2020 and February 2021, traders were supposed to maintain at least 25 per cent of the peak margin

SI Reporter Mumbai
Shares of Advanced Enzyme Technologies surged 12 per cent to Rs 298 on the National Stock Exchange (NSE) in Tuesday's intra-day trade after Nalanda India Equity Fund increased its stake by nearly 3 per cent stake in the company.

On September 20, 2022, Nalanda India Equity Fund purchased 2.91 million equity shares, representing 2.6 per cent stake in Advanced Enzyme Technologies, worth Rs 78.62 crore via block deal, NSE data shows. The foreign portfolio investor bought shares at weighted average price of Rs 270.03 per share, data shows.

First Published: Sep 20 2022 | 09:55 AM IST

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