Royal Alpha Growth and Vorton Capital, two alternative investment funds, bought a small stake in KV Toys India, the maker of plastic and metal toys.
What the funds purchased
The funds together acquired about 1.2% of KV Toys' equity. Royal Alpha bought 42,000 shares at around ₹332.57 each, while Vorton took 33,600 shares at roughly ₹327.03 each.
How the market reacted
After the purchases were reported, KV Toys' share price jumped 6.8%, closing at ₹336.40. The move lifted the stock from its lowest level since it listed in mid‑December.
Other recent activity
In a separate transaction, Astorne Capital VCC Arven bought 2.5 million shares of Agi Infra, a real‑estate firm, at ₹260 per share. At the same price, existing shareholder Giriraj Ratan Damani sold 925,000 shares. Agi Infra’s price ticked up slightly to ₹262.75.
Why it matters for investors
- Large funds taking a position can signal confidence in a company’s growth prospects.
- The immediate price rise shows that the market responded positively to the news.
- Retail investors may watch KV Toys for further upside if the funds continue to add to their stake.
Remember, this is just an observation, not a prediction. Do your own research before making any investment decisions.