Realty Stock Crashes 7% After Ace Investor Mukul Agrawal Sells His Entire Stake in the Company
India, Nov. 5 -- This Small-Cap Realty Stock, engaged in real estate development and is primarily engaged in constructing residential apartments, luxury homes, commercial properties, and integrated townships across major Indian cities, fell 6.79 percent after Ace investor Mukul Agrawal sold his entire 1.96 percent holding in the company.
With a market capitalization of Rs. 2,607.54 crores, the share of Ajmera Realty & Infra India Limited has reached an intraday low of Rs. 131.20 per equity share, down nearly 6.79 percent from its previous day's closing price of Rs. 140.75. Since then, the stock has retreated and is currently trading at Rs. 133.50 per equity share.
Reason Behind the Fall
Ace investor Mukul Agrawal has completely exited...
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