This infra stock has zoomed 80% in 7 days; Quant MF acquired 1.75% stake

OM Infra hit a record high of Rs 174 on rallying 10% on the NSE in Thursday's intra-day trade. The stock has appreciated by 29 % in two days after Quant MF purchased nearly 2% stake in via open market

Shares of OM Infra hit a record high of Rs 174, as they rallied 10 per cent on the National Stock Exchange (NSE) in Thursday’s intra-day trade backed by heavy volumes. In the past seven trading sessions, the stock of this infrastructure company has bounced back 80 per cent from its low of Rs 97.05 touched on June 4.

In the past two trading days, the stock price of OM Infra has appreciated by 29 per cent after Quant Mutual Fund (MF) purchased nearly 2 per cent stake in the company via open market deals.

On June 11, 2024, Quant