Synopsis:
BofA Securities Europe SA offloaded 2.64 lakh shares of Laxmi India Finance Ltd at Rs. 125.01 per share, indicating a significant reduction in their stake.
The company recently witnessed a notable bulk deal involving institutional activity, signaling potential shifts in investor sentiment and stock dynamics. With market capitalization of Rs. 612 cr, the shares of Laxmi India Finance Ltd are currently trading at Rs. 117.60 per share, slipped 5% from yesterday’s close price of Rs. 123.85, making today’s low of Rs. 116.05 per share.
Bulk deal
BofA Securities Europe SA offloaded a total of 6.19 lakh shares of Laxmi India Finance Ltd through bulk deals on the NSE across two consecutive days. On August 5, 2025, it sold 3.54 lakh shares at an average price of Rs. 141.12, followed by the sale of another 2.64 lakh shares on August 6 at Rs. 125.01 per share.
The cumulative deal value is estimated at around Rs. 8.3 crore. The declining sale price across the two days suggests possible profit booking or a strategic exit amid a short-term price correction in the stock.
About the company
Laxmi India Finance Ltd is a non-banking financial company (NBFC) primarily engaged in providing vehicle loans, particularly for two-wheelers and used vehicles, as well as offering small business loans and personal financing solutions. The company operates mainly in semi-urban and rural areas, focusing on underserved segments of the population.
Laxmi India Finance Ltd demonstrates a healthy financial position with a Return on Capital Employed (ROCE) of 13.7% and Return on Equity (ROE) of 15.7%, indicating efficient capital utilization and shareholder value generation.
The company has also attracted notable institutional interest, with Foreign Institutional Investors (FIIs) holding 8.72% and Domestic Institutional Investors (DIIs) holding 6.74% of the company’s shares.
Written by Manideep Appana
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