Investors Boost Stakes in Uflex and Yes Bank Amid Market Trends

Investment Update: Uflex and Yes Bank

A notable investment has been made by First Water Fund, a part of First Water Capital, in Uflex, a leading packaging solutions provider. On December 11, First Water Fund acquired an additional 0.75% stake in Uflex through open market transactions.

Uflex's stock price has been experiencing a decline since October, with a loss of over 20% from its October high. However, on Thursday, the stock gained 0.28% to Rs 468.55. The recent investment by First Water Fund includes the purchase of 5.45 lakh shares, equivalent to 0.75% of paid-up equity, for Rs 25.07 crore at Rs 460 per share.

Key Highlights:

• First Water Fund's stake in Uflex may have increased to 3.64% from 2.47% at the end of September 2025.
• Uflex recorded a profit of Rs 26.91 crore in the quarter ended September 2025, compared to a loss of Rs 64.62 crore in the same period last year.
• The company's revenue remained almost flat at Rs 3,832 crore, compared to Rs 3,833.4 crore in the same period last year.

Other Market Developments

In other news, Yes Bank, a private sector lender, saw a block deal where BNP Paribas Financial Markets acquired 1.77 crore equity shares (0.05% stake) for Rs 37.4 crore at Rs 21.08 per share. The bank's stock rose 1% to Rs 21.94.

Additionally, Gallantt Ispat experienced an exchange of shares, with Gallantt Industry buying 9.67 lakh shares (0.4% stake) for Rs 57.05 crore at Rs 590 per share. The stock declined 0.61% to Rs 593.95.

These investments and market developments are part of the ongoing trends in the packaging solutions and banking sectors, with key players like Uflex, Yes Bank, and Gallantt Ispat being closely watched by investors and industry experts.