Synopsis:
Recent shareholding activity in Prozone Realty Ltd and Net Avenue Technologies Ltd has drawn attention as promoters and institutional investors actively adjusted their stakes.
The company in the business of developing, owning and operating Shopping Malls, Commercial and Residential Premises and providing related management consultancy services is in focus after Apax Trust acquired a stake of 1.17% in it. Another company that is in the business of selling Indian designer clothes and accessories online is also in focus after Somani Ventures purchased 2 lakh shares in it.
1. Prozone Realty Ltd
The promoter entity Apax Trust acquired 18 lakh shares, representing a 1.17% stake, at Rs. 41 per share, signaling increased promoter confidence in the company. Simultaneously, Sarita Jain, an existing shareholder, sold 18,11,395 shares (1.18% stake) at Rs. 41.02 per share, reflecting partial offloading of holdings.
Prozone Realty Ltd is a prominent real estate development company in India, specializing in residential, commercial, and retail projects. The company is known for its integrated townships, shopping malls, and office spaces, focusing on sustainable and quality construction. With a strong presence across major Indian cities, Prozone Realty continues to expand its footprint while delivering value to investors and customers alike.
With a market capitalization of Rs. 673 cr, the shares of Prozone Realty Ltd are currently trading at Rs. 43.94 per share, from its previous closing of Rs. 44.01 per share.
2. Net Avenue Technologies Ltd
Somani Ventures and Innovations picked up 2 lakh shares at Rs. 4 per share, while Inventus Capital Partners (Mauritius) sold 2.32 lakh shares at the same price. This transaction highlights continued interest from institutional investors in the company’s equity, with a slight net offload from Inventus Capital.
Net Avenue Technologies Ltd is an Indian IT and technology services company focused on providing innovative solutions across software development, digital transformation, and enterprise IT services. The company caters to diverse sectors, delivering scalable and cost-effective technology solutions that help businesses enhance efficiency, streamline operations, and achieve sustainable growth.
With a market capitalization of Rs. 8.15 cr, the shares of Net Avenue Technologies Ltd are currently trading at Rs. 3.80 per share, declining 5% in today’s market session from its previous close of Rs. 4 per share.
Written by Manideep Appana
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