Plutus Wealth pares stake in Ami Organics

8 Mar 2022 , 10:55 AM

As per the bulk deal data on the BSE, Plutus Wealth Management LLP sold 200,000 shares (0.54% equity) at an average price of Rs 885 per share on Monday, 7 March 2022.

As on 31 December 2021, Plutus Wealth Management held 1.92% stake in the company.

Ami Organics is a research and development driven specialty chemicals manufacturer with varied end usage, focused on the development and manufacturing of advanced pharmaceutical intermediates.

On a consolidated basis, the company reported a 34.6% rise in net profit to Rs 19.47 crore on a 53.5% jump in net sales to Rs 141.15 crore in Q3 FY22 over Q3 FY21.

Shares of Ami Organics were trading 0.18% higher at Rs 857.95 in morning trade.

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