SBI MF Sells Nazara Stake, Smallcap World Exits Entero in Major Market Moves

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Moneycontrol•30-12-2025, 02:02
SBI MF Sells Nazara Stake, Smallcap World Exits Entero in Major Market Moves
- •SBI Mutual Fund offloaded 2.4% stake in Nazara Technologies for over Rs 216 crore; Nazara shares rallied 6.7% despite the sale.
- •Smallcap World Fund Inc sold 5.2% in Entero Healthcare for Rs 215.6 crore; ICICI Prudential MF acquired 5.01% in the same company.
- •Honasa Consumer's promoter Varun Alagh bought 0.56% stake for Rs 50 crore from Fireside Ventures, boosting shares by 3.18%.
- •Kedia Securities acquired 0.87% in Mangalam Drugs and Organics, leading to a 5% upper circuit for the pharma stock.
- •BirlaNu saw a significant internal promoter share transfer, with Birla Chandrakant acquiring 38.83% for Rs 444.3 crore, causing shares to surge 11.71%.
Why It Matters: Major block deals and promoter stake changes observed across Nazara, Entero, Honasa, Mangalam, and BirlaNu.
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