WisdomTree picks 0.51% stake in MSTC, 0.7% shares in Allcargo Logistics

Bulk Deals on October 15

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

WisdomTree Emerging Markets High Dividend Fund, the NYSE Arca-listed exchange traded fund managed by Mellon Investments Corporation and WisdomTree Asset Management Inc, has acquired 0.51 percent and 0.7 percent equity stake in MSTC, and Allcargo Logistics, respectively, via open market transactions on October 15.

MSTC shares rebounded sharply on Wednesday, recouping the loss of previous couple of sessions, and closing 5.8 percent higher at Rs 540.70. The stock formed long bullish candle on the daily charts and traded well above all key moving averages.

The buying interest was also seen in Allcargo Logistics, which bounced back and spiked 8.6 percent to Rs 34.36 with long bullish candle formation on the daily timeframe despite pressure at higher levels. As a result, the stock traded well above all key moving averages and closed at the upper Bollinger bands.

WisdomTree Emerging Markets High Dividend Fund, a fundamentally weighted index comprising of the highest dividend-yielding common stocks globally, bought 3,59,146 equity shares (0.51 percent stake) in state-owned MSTC at Rs 539.13 per share, valued at Rs 19.36 crore.

In Allcargo Logistics, WisdomTree picked 68,17,024 shares (0.69 percent stake) at Rs 34.15 per share, for Rs 23.28 crore.

Meanwhile, Sumeet Nagar-founded Malabar India Fund exited Prataap Snacks by selling its entire 3,46,439 shares (1.4 percent stake) in the snack food manufacturer at Rs 1,012.01 per share for Rs 35.06 crore.

Despite stake sale, Prataap Snacks shares clocked 3.07 percent gains to Rs 1,045.3, trading well above all key moving averages and climbing above the falling resistance trendline. It also hit the upper Bollinger band.

Cullinan Opprts Fund VCC-Cullinan Opportunities Incorporated VCC Sub Fund 1 bought 18.25 lakh shares (1.64 percent stake) in Atal Realtech at Rs 23.93 per share for Rs 4.36 crore, while Profusion All Weather Fund sold 1.22 lakh shares in NSB BPO Solutions at Rs 119.32 per share, valued at Rs 1.45 crore.