Promoter buys Welspun stake; Invesco MF boosts Dredging Corp, Invicta surges

business
M
Moneycontrol•08-12-2025, 19:54
Promoter buys Welspun stake; Invesco MF boosts Dredging Corp, Invicta surges
- •Welspun Group Master Trust acquired an additional 0.54% stake in Welspun Enterprises for Rs 38.7 crore.
- •Invesco Mutual Fund purchased a 0.89% stake in Dredging Corporation, contributing to a 14.3% rally in its shares.
- •Elimath Advisors bought 48.8 lakh shares in Praxis Home Retail, while 2015 Grover Family Trust sold 45.13 lakh shares.
- •BNP Paribas Financial Markets sold a 1.88% stake in Indian Phosphate, leading to a 7.26% share price drop.
- •Invicta Diagnostic saw Pine Oak Global Fund, Laxmi Trading, and Neeraj Gupta acquire shares on its first day of bidding, with shares rising 13.76%.
Why It Matters: Large investor trades are causing immediate shifts in several company stock values.
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