Craft Emerging Market Fund has acquired 3.87 percent equity stake in Prime Focus, the motion picture and video production company, for Rs 187.86 crore via open market transactions.
The stock saw a strong gap-up opening and was locked in 10 percent upper circuit at Rs 173.90 throughout session, closing well above the upper line of Bollinger Bands with robust volumes.
Craft Emerging Market Fund PCC through Citadel Capital Fund bought 63.75 lakh shares at Rs 156.55 per share for Rs 99.8 crore, and via Elite Capital Fund purchased 56.25 lakh shares for Rs 88.06 crore.
However, Augusta Investments I sold 62.24 lakh shares in Prime Focus at same price for Rs 97.44 crore, and Marina IV (Singapore) offloaded 57.75 lakh shares for Rs 90.4 crore.
Prime Focus was also in action last Friday as five investors including veteran market experts Ramesh Damani, Madhusudan Kela-owned Singularity AMC, and Utpal Sheth acquired 3.3 percent stake in the company for Rs 146.2 crore. However, Marina IV (Singapore) and Marina IV sold 48.06 lakh shares (1.55 percent stake) in Prime Focus, while Augusta Investments I offloaded 54.48 lakh shares (1.75 percent stake) at the same price.
As per the shareholding pattern of June 2025, Augusta Investments I held 8.86 percent stake, and Marina IV (Singapore) owned 7.55 percent shares in the company that provides visual effects (VFX) and animation services globally.
The action was also seen Goodluck India that closed at Rs 1,240.6 on the NSE, up 0.91 percent. In fact, it has been in an uptrend since the second half of August despite intermittent consolidation.
SBI Funds Management bought 4.73 lakh shares (1.42 percent stake) in Goodluck India that offers precision forgings and metal forging solutions, at Rs 1,229.92 per share for Rs 58.17 crore. However, Arpna Capital Services sold 3.65 lakh shares (1.09 percent shareholding) at Rs 1,230.56 per share for Rs 44.91 crore.
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