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Anupam Rasayan rallies 13% in 2 days after Plutus Wealth buys stake

On May 5, Plutus Wealth Management purchased 1 million shares, representing 1 per cent stake of Anupam Rasayan India, for Rs 64.75 crore

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SI Reporter Mumbai
Shares of Anupam Rasayan India gained 5 per cent to Rs 716 on the BSE in intra-day trade on Thursday, rallying 13 per cent in the past two trading days, after Plutus Wealth Management bought 1 million shares of the company via open market on Wednesday. The stock is trading at its highest level since its listing on March 24, 2021.

On May 5, Plutus Wealth Management purchased 1 million shares, representing 1 per cent stake of Anupam Rasayan India, for Rs 64.75 crore. The foreign institutional investor bought shares at Rs 647.3 apiece through a bulk deal on

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