Synopsis:
Plutus Capital Management LLP purchased 31,200 shares, while Rajat Verma sold 32,400 shares in Resourceful Automobile Ltd on the BSE, both at average prices around Rs. 63, reflecting influential market activity on September 15, 2025.
The company is in the business of sale of bikes and other related services etc is now in focus after notable bulk transactions were recorded on the BSE, involving Plutus Capital Management LLP and Rajat Verma, indicating significant institutional movement in the equity segment.
With a market capitalization of Rs. 17 cr, the shares of Resourceful Automobile Ltd are currently trading at Rs. 63.05 per share, from its previous close of Rs. 64 per share.
Bulk deals
On 15th September 2025, Resourceful Automobile Ltd witnessed notable bulk deal activity on the BSE involving two key participants. Plutus Capital Management LLP made a bulk purchase of 31,200 shares at an average price of Rs. 62.85 per share, amounting to a total investment of Rs. 19.6 lakhs, signaling a strategic investment.
On the same day, Rajat Verma carried out a bulk sale of 32,400 shares at an average price of Rs. 63.07 per share, totaling Rs. 20.43 lakhs. Neither transaction was marked as intraday, indicating longer-term intentions. Such bulk deals often reflect significant shifts in institutional positioning and can impact overall market sentiment for the stock.
About the company
Resourceful Automobile Ltd is an automotive company engaged in the manufacturing and distribution of vehicles and related components. The company focuses on delivering innovative and quality automotive solutions while catering to both domestic and international markets. Its operations include a mix of manufacturing, sales, and strategic investments, reflecting a growth-oriented approach in the competitive automobile sector.
The company reported sales of Rs. 20.63 crore in March 2025, up from Rs. 18.50 crore in March 2024. However, the operating profit declined to Rs. 1.52 crore from Rs. 2.82 crore, and net profit decreased to Rs. 1.27 crore from Rs. 1.95 crore during the same period.
The company currently reports a ROCE of 13.2% and a ROE of 12.4%, supported by efforts to reduce debt. It has a strong return on equity track record, averaging 26.0% over the past 3 years.
Written by Manideep Appana
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