Bulk deals: PGIM India sells 0.77 percent stake in Concord Enviro Systems

The following bulk deals were recorded on both exchanges on February 14.

Concord Enviro Systems
PGIM India Equity Growth Opportunities Fund Series I sold 1.60 lakh shares (0.77 percent stake) at an average price of Rs 529.9 per share. Concord Enviro Systems shares were locked in lower circuit of 20 percent at Rs 523.05. This came after the company reported a net loss of Rs 8.56 crore for the quarter ended December 2024 against net profit of Rs 18.58 crore during the previous fiscal.  The Mumbai-based company provides water and wastewater treatment solutions.

Moksh Ornaments 
Vincent Commercial Company Limited bought 6.15 lakh shares (0.71 percent stake) of the company at a price of Rs 12.94 per share, while Pine Oak Global Fund sold 6.14 lakh shares (0.71 percent shares) at an average price of Rs 12.94 per share. Shares for the company closed at Rs 13, around 0.85 percent higher. The stock has fallen around 23 percent over the last one year. The Mumbai-based company manufactures & wholesales gold jewellery.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.