NDR InvIT Trust bulk deals: Radhakishan Damani picks Rs 100 cr stake; Rakesh Jhunjhunwala trust invests Rs 67 cr

Ace investor Radhakishan Damani and Rakesh Jhunjhunwala’s belief on Tuesday purchased shares in NDR InvIT Belief by way of block offers. Damani purchased 87 lakh shares value Rs 100 crore within the firm whereas Aryaman Jhunjhunwala Discretionary Belief bought 58 lakh shares at a deal dimension of Rs 66.70 crore.

The shares have been purchased at worth of Rs 115 apiece.

NDR InvIT Belief shares as we speak settled at Rs 120, gaining by Rs 5 or 4.35% over the Monday closing worth of Rs 115.

NDR InvIT Belief is sponsored by NDR Warehousing Non-public Restricted and it engages in infrastructure investments. The entity claims to have greater than 60+ Warehouses and 37 industrial parks and focuses on high quality and sustainability for every of our initiatives.

The corporate makes a speciality of logistics and warehousing options and its 37 warehouses whole roughly 19 million sq. ft throughout 15 cities as of February 28, 2025. It provides providers to retail, e-commerce, 3PL, manufacturing, and imports and exports sectors.

NDR InvIT Belief was listed on the NSE on February 14, 2024 and its present market capitalization is Rs 4,752.15 crore.Its shares as we speak hit a contemporary 52 week excessive of Rs 122. It has given returns of 16.5% previously one 12 months out performing the headline Nifty and BSE Sensex whose returns in the identical interval stand at a unfavourable 2.41% and a pair of.89%, respectively.Its shares are at present buying and selling above its 50-day easy transferring common (SMA) of Rs 104.9.

NDR InvIT Belief reported a consolidated web revenue of Rs 38 crore within the quarter ended June 30, down 2.6% over 39.3% within the 12 months in the past interval. Its whole income within the mentioned quarter stood at Rs 108 crore, recording a 42% soar over Rs 76 crore within the corresponding quarter of the earlier monetary 12 months.

Additionally Learn: Drive Motors bulk deal: BNP Paribas sells shares value Rs 122 crore in multibagger inventory

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