Archive · 30 Sep 2025
Sammaan Capital Stock Surges on ICICI MF Investment
Sammaan Capital's stock price went up because a big investment firm, ICICI Prudential Mutual Fund, bought a lot of its shares.
The stock has been doing well recently, rising 17% in just two days.
ICICI bought over 4.3 million shares.
The company focuses on loans for houses and mortgages.
There's also a board meeting coming up where they might discuss raising more money.
Plus, changes in rules make it easier for them to do business.
Experts believe the sector will continue to grow due to trends like urbanization and policy support.
The stock has been performing well and is nearing its 52-week high.
Sammaan Capital stock hit an eight-month high on Tuesday.
ICICI Prudential Mutual Fund acquired over 4.3 million shares.
The stock has gained 17% in two sessions.
The company's board will meet on October 2 to evaluate fundraising options.
The company is benefiting from regulatory changes and sectoral momentum.
- Who
- ICICI Prudential Mutual Fund and Sammaan Capital
- What
- ICICI MF acquired shares of Sammaan Capital, driving the stock price up.
- When
- The stock surged on Tuesday, with the bulk deal occurring on September 29. The company's board meeting is set for October 2.
- Where
- National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
- Why
- ICICI MF's investment, sectoral momentum, and upcoming corporate developments are driving the stock's rally.
- Stock Price
- ₹160.75 (Tuesday peak)
- Stock Gain (Two Sessions)
- 17%
- ICICI Prudential MF Stake
- 0.52%
- Shares Acquired by ICICI
- Over 4.3 million
- ICICI MF Purchase Price
- ₹151.95 per share
- September 2025 Gain
- 30%
- Upcoming Board Meeting
- October 2, to discuss fundraising