Laroia Mona picks 0.5% stake in Mirc Electronics, Generational Capital buys 0.62% shares in KV Toys

Bulk Deals on January 5

• KV Toys shares rose 0.37 percent to Rs 336.80 on the BSE.

Did our AI summary help?

Investor Laroia Mona has picked nearly half a percent equity stake in Mirc Electronics, while Generational Capital has acquired additional 0.62 percent shares in KV Toys India via open market transactions on December 5.

Consumer electronics maker Mirc Electronics shares were locked in 10 percent upper circuit at Rs 31.71 amid large volumes on the NSE, extending uptrend for another session, while KV Toys shares rose 0.37 percent to Rs 336.80 on the BSE.

Laroia Mona has bought 18 lakh shares (equivalent to 0.48 percent of paid-up equity) in Mirc Electronics at Rs 31.54 per share for Rs 5.67 crore.

Satwik Jain founded multi-family office Generational Capital-backed Generational Capital Breakout Fund 1 has acquired 39,000 shares (equivalent to 0.62 percent stake) in KV Toys India, the plastic-moulded and metal-based toys maker, at Rs 339.82 per share for Rs 1.32 crore.

Meanwhile, laptops refurbisher EPW India shares corrected 4.32 percent to Rs 104, perhaps after Tiger Strategies Fund - I sold 1.41 lakh shares at Rs 104.25 per share for Rs 1.47 crore.

The brisk action was also seen in telecommunication solutions provider Sar Televenture. Genesis Grand General Trading acquired 3.95 lakh shares at Rs 254.98 per share for Rs 10.07 crore, however, Primus Overseas sold 4 lakh shares at Rs 255 per share for Rs 10.2 crore.

Leading Leasing Finance and Investment Company shares plunged nearly 16 percent to Rs 3.27 despite acquisition of significant shares by Milan Jayvantlal Mithani (HUF), and SKG Asset Management. The stock was moving in a small range for almost a month, before breaking significantly down.

Milan Jayvantlal Mithani (HUF) has bought 75 lakh shares in Leading Leasing for Rs 2.43 crore, and SKG Asset Management acquired 34.3 lakh shares for Rs 1.11 crore, at Rs 3.25 per share.