Porinju's Equity Intelligence buys 1.2% stake in RK Swamy, Nippon India picks additional 3.8% stake in Landmark Cars

Bulk Deals on January 22

• Porinju's Equity Intelligence buys 1.2% stake in RK Swamy
• Nippon India picks additional 3.8% stake in Landmark Cars
• Goldman Sachs exits Landmark Cars
• Promoter entity offloads 1.3% stake in Gretex Corporate Services

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Well-known investor Porjinu Veliyath-promoted fund management company Equity Intelligence India has acquired 1.23 percent equity stake in R K Swamy, the marketing services provider, via open market transactions on January 22.

Perhaps, R K Swamy shares seem to have reacted to the said stake buy, rising 6.69 percent to Rs 104.93 amid high volumes on Thursday, especially after hitting all-time low in previous session.

Equity Intelligence India has bought 6.25 lakh shares (equivalent to 1.23 percent of paid-up equity) in RK Swamy at Rs 104.92 per share, valued at Rs 6.55 crore.

Meanwhile, the major deals were also seen in Landmark Cars, the premium automotive retailer, which finished at all-time closing low of Rs 361.15, down 2.05 percent, extending downtrend for sixth consecutive session.

Nippon India Small Cap Fund has acquired additional 15.9 lakh shares (3.8 percent stake) in Landmark Cars at Rs 361 per share, amounting to Rs 57.4 crore. The said fund already held 3.64 percent stake in the company as of December 2025.

However, Goldman Sachs Funds through Goldman Sachs India Equity Portfolio exited Landmark Cars by selling its entire holding of 13.75 lakh shares (3.32 percent) at same price for Rs 49.65 crore.

Further, Polar Capital Funds Plc - Asian Stars Fund, which held 1.33 percent stake as of December 2025, offloaded 1.13 percent shares in the luxury cars retailer for Rs 17.41 crore. The fund sold 2.51 lakh shares at Rs 370.22 per share, and 2.18 lakh shares at Rs 370.02 per share.

The major action was also seen in Bajaj Consumer Care, which shares rallied 20 percent to finish at Rs 296.9 amid high volumes, after more than two months of consolidation. This may be after BNP Paribas Financial Markets picked up 10.02 lakh shares (0.76 percent stake) at Rs 282.46 per share for Rs 28.31 crore.

Gretex Corporate Services, the merchant banker, was also in focus, rising 3.34 percent to Rs 297.35 after three-day losing streak and formed Tweezer Bottom kind of candlestick pattern after recent fall, which is a bullish reversal pattern. The rally was despite promoter entity Talent Investment Company selling over a percent stake.

Talent Investment Company sold 1.24 lakh shares in Gretex at Rs 300.6 per share, and 1.75 lakh shares at Rs 300.86 per share, totalling to 1.32 percent stake worth Rs 9.02 crore.