NDR Invit Trust Bulk Deals: Radhakishhan Damani chooses RS 100 CR STKE; Rakesh Jhunjhunwala Trust Invests RS 67 CR

ACE investor Radhakishan Damani and Rakesh Jhunjhunwala’s Trust bought shares on Tuesday in NDR Invit Trust via Block Deals. Damani bought 87 Lakh shares worth RS 100 crore in the company, while Aryaman Jhunjhunwala bought discretionary trust 58 Lakh shares with a dealer size of RS 66.70 Crore.

The shares were purchased at price of RS 115 each.

NDR Invit Trust -shares settled today at RS 120 and won with RS 5 or 4.35% about the closing price of Monday of RS 115.

NDR Invit Trust is sponsored by NDR Warehousing Private Limited and is involved in infrastructure investments. The entity claims to have more than 60+ warehouses and 37 industrial parks and focuses on quality and sustainability for each of our projects.

The company specializes in logistics and warehouse solutions and is 37 warehouses a total of approximately 19 million square feet in 15 cities on 28 February 2025. It offers services to stores, e-commerce, 3PL, production and import and export sectors.

NDR Invit Trust was mentioned on the NSE on February 14, 2024 and the current market capitalization is RS 4,752.15 Crore. The shares are today a fresh 52 weeks High from RS 122 of RS 122. It has given a return of 16.5% in the past year. Simple advancing average (SMA) of RS 104.9.

NDR Invit Trust reported a consolidated net profit of RS 38 Crore in the quarter ending on 30 June, a decrease of 2.6% more than 39.3% in the period of the year ago. The total turnover in the aforementioned quarter was on RS 108 Crore, with a jump of 42% compared to RS 76 Crore in the corresponding quarter of the previous financial year.

Read also: Force Motors Bulk Deal: BNP Paribas sells shares worth RS 122 Crore in Multibagger -shares

(Disclaimer: recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)