Archive · 8 Sep 2025
Market Veterans Buy Prime Focus Shares in Block Deal
Some important investors, like Ramesh Damani, Utpal Sheth, and a fund run by Madhu Kela, bought shares of a company called Prime Focus.
They bought these shares in a big sale called a block deal.
The shares were sold by two other companies.
Before this, these buyers didn't own any Prime Focus shares.
The company's stock price went up 10% on Friday.
The stock has also increased in value by 13% since the start of 2025.
Ramesh Damani, Utpal Sheth, and Madhu Kela's fund bought Prime Focus shares.
The shares were sold in a block deal by Augusta Investments I Pte. Ltd. and Marina IV (Singapore) Pte. Ltd.
Ramesh Damani bought 8 lakh shares at ₹142.55 each.
Utpal Sheth bought 17.5 lakh shares at the same price.
Prime Focus shares increased by 13% in 2025.
- Who
- Ramesh Damani, Utpal Sheth, and Madhu Kela's fund, along with Samyak Enterprises and FE Securities, bought shares.
- What
- Market veterans purchased shares of Prime Focus in a block deal.
- When
- Last Friday.
- Where
- Data from the exchanges.
- Why
- The provided articles do not explicitly state why.
- Buyers
- Ramesh Damani, Utpal Sheth, Madhu Kela's Fund, Samyak Enterprises, FE Securities
- Seller
- Augusta Investments I Pte. Ltd., Marina IV (Singapore) Pte. Ltd.
- Price per Share
- ₹142.55
- Ramesh Damani Purchase
- 8 lakh shares
- Utpal Sheth Purchase
- 17.5 lakh shares
- Madhu Kela's Fund Purchase
- 62.5 lakh shares
- Prime Focus Market Cap
- ₹4,900 crore
- Stock Gain in 2025
- 13%