Stocks to buy or sell today: Berger Paints, Marico among top 10 trading ideas for 3 August 2023
On the weekly front, the maximum Call OI is placed at 19800 and then towards 19700 strikes while the maximum Put OI is placed at 19500 and then towards 19300 strikes. Call writing is seen at 19600 and then towards 19650 strikes while minor Put writing was seen at 19450 and then towards 19400 strikes.
Advanced Enzyme jumps 4% as ICICI Mutual Fund acquires stake
Advanced Vital Enzymes Private Limited, a promoter entity in AET, offloaded a 2.28-percent stake in the company on June 28, out of which, ICICI Mutual Fund bought a 0.89 percent stake on the same day.
Promoter entity sells 2.28% in Advanced Enzyme Technologies via bulk deal
Promoter entity Advanced Vital Enzymes Pvt Ltd has sold a partial stake in Advanced Enzyme Technologies through bulk deals. The promoter offloaded 2.28% of the company's equity shares, earning about Rs 68 crore. ICICI Prudential Mutual Fund also picked up a stake in the company. Advanced Enzyme Technologies is a leading Indian enzyme company engaged in research, development, manufacturing, and marketing. The company has state-of-the-art facilities across India, the US, and Europe. Its revenue from operations rose 5% and consolidated EBITDA increased 6% in the March quarter. The company is focusing on human nutrition, animal nutrition, and bio-processing divisions.