PVV Infra stock gallops 18%; Aspire Emerging Fund buys share

Sparkline Mercantile Co sold 40,000 shares or 0.8% stake in the company at Rs23.18 apiece.

Feb 26, 2018 09:02 IST India Infoline News Service

Shares of BSE-listed PVV Infra rose 18% after Aspire Emerging Fund bought 76,873 shares or 1.54% stake in the company at Rs21.81 apiece in a bulk deal on Friday.

The fund held 6.11% stake in the company as of Dec 31, according to data available on the exchanges.

In another bulk deal, Sparkline Mercantile Co sold 40,000 shares or 0.8% stake in the company at Rs23.18 apiece. It held 2.02% stake in the company as of Dec 31. 

The stock is currently trading at Rs28.45 up by Rs4.65 or 19.54% from its previous closing of Rs23.80 on the BSE.

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