Arthkumbh Ventures and Ranjanben Bavarava Acquire a Nearly 5% Stake in Asian Granito India

Asian Granito India Sees 4.5% Rise Amid High Volumes on National Stock Exchange

On April 27, Arthkumbh Ventures and Ranjanben Bavarava picked up nearly 5% equity stake in Asian Granito India, a leading manufacturer of tiles, engineered marbles, and bathware, through open market transactions. The stock reacted positively to the deals, rising 4.5% to Rs 77.52 on the National Stock Exchange, with high volumes.

Arthkumbh Ventures acquired 19 lakh shares at Rs 76.29 per share, valued at Rs 14.49 crore, while Ranjanben Pranjivanbhai Bavarava net bought 21.63 lakh shares at Rs 76.79 per share, valued at Rs 16.61 crore.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

Meanwhile, Fractal Industries saw significant action, despite nearly 1% stake being bought by Nirbhay Investment Opportunities Fund. The stock fell 3.26% to Rs 208 on the BSE.

Nirbhay Investment Opportunities Fund acquired 66,000 shares in Fractal at Rs 220.88 per share, valued at Rs 1.45 crore.

Vivek Lakshminath Mehrotra sold 2.36 lakh shares (0.88% stake) in Denta Water and Infra Solutions for Rs 6.75 crore at Rs 285.89 per share. Denta Water fell 3.35% to Rs 281.05 on the National Stock Exchange, marking its third consecutive session of decline on Monday.

Read also: US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline

Mahevarsh Fincon offloaded 5.57 lakh shares (0.68% stake) in Arisinfra Solutions for Rs 6.93 crore at Rs 124.34 per share. As of March 2026, Mahevarsh Fincon held a 1.31% stake in Arisinfra.