Promoter picks up 2.7% shares in Ramco Systems, HDFC MF pares 2.6% stake

Bulk deals on February 3

• Promoter picks up 2.7% shares in Ramco Systems
• HDFC MF pares 2.6% stake in Ramco Systems
• Pine Oak Global Fund buys 5.18% stake in Vardhman Polytex

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Promoter Ramco Management has acquired 2.7 percent equity stake in Ramco Systems, the global enterprise software company, via open market transactions on February 3.

Ramco Systems shares rallied 3.1 percent to Rs 501.35 amid high volumes on the NSE, extending upward journey for seventh consecutive session, especially after formation bullish engulfing pattern on January 26.

Promoter Ramco Management has bought 10.2 lakh shares (2.7 percent of paid-up equity) in Ramco Systems at Rs 500.02 per share for Rs 51 crore, however, HDFC Mutual Fund sold 9.74 lakh shares (2.6 percent stake) at Rs 499.2 per share for Rs 48.65 crore.

HDFC AMC through its Balanced Advantage Fund held 5.45 percent equity shareholding in Ramco as of December 2025.

Singularity AMC-owned Singularity Equity Fund I sold 6.21 lakh shares (0.73 percent stake) in Capacite Infraprojects, the construction engineering company, at Rs 227.39 per share for Rs 14.12 crore. However, the stock did not react to the said stake sale, in fact rallied 7.5 percent to close at Rs 228.61 on Tuesday.

Textile company Vardhman Polytex was also in action, which surged 12 percent to Rs 511.95 after strong gap-up opening and the said bullish gap remained unfilled. Pine Oak Global Fund has bought 1.5 crore shares (5.18 percent stake) in Vardhman at Rs 6.9 per share for Rs 10.35 crore from Raminder Pal Singh.

Pine Oak Global Fund also acquired 1 lakh shares in Candour Techtex at Rs 149.45 per share for Rs 1.49 crore, while 360 ONE Prime sold 79.1 lakh units in Brookfield India Real Estate Trust REIT at Rs 351 per unit for Rs 277.64 crore.