Vijay Kedia Buys 2% Stake in SPML Infra; Poly Medicure, Antony Waste See Bulk Deals

• Veteran investor Vijay Kedia's Kedia Securities acquired a 1.95% stake (14.98 lakh shares) in SPML Infra for Rs 25.01 crore at Rs 167 per share, leading to a 14.42% stock surge.
• Smallcap World Fund Inc. sold its entire 1.81% equity stake (18.37 lakh shares) in Poly Medicure for Rs 302.19 crore at Rs 1,645 per share, causing the stock to fall 1.3%.
• Hedge fund Miri Strategic Emerging Markets Fund bought an additional 1.05% stake (3 lakh shares) in Antony Waste Handling Cell for Rs 16.1 crore at Rs 536.97 per share, boosting the stock by 17.95%.
• Reliance Industries reported a 1.6% increase in Q3 net profit to Rs 22,290 crore and a 10% revenue growth.
• The upcoming budget may focus on the infrastructure theme, and Bharti Airtel is suggested as a long-term investment opportunity.

Why It Matters: Key bulk deals by major investors impacted SPML Infra, Poly Medicure, and Antony Waste stocks, alongside RIL's Q3 results.