Stocks under ₹50 in focus after promoters increases stake in the company

Promoters increase their stake in a company to demonstrate confidence in its future prospects, signal strong ownership control, and align their interests with shareholders. It can also stabilize stock prices by reducing volatility. This move can enhance credibility, attract investors, and signal long-term commitment.

Madhav Infra Projects Ltd 

The shares of Madhav Infra Projects Ltd, with a total market capitalization of Rs 309.2 Crore on Tuesday, opened at Rs 12.29 per share gaining around 2.45 percent in today’s trade. However, as of 10:00 am, the shares retreated and were trading at Rs 11.73 per share which was 2.4 percent lower than the previous closing of Rs 12.02. 

As per a press release dated March 24, 2025, the company informed that the promoter group, Madhav Power Private Limited had acquired 30,000 shares of the company through open market on March 21. As a result, the stake of the promoter group increased to 0.02 percent from its previous stake of 0.01 percent. 

The company is engaged in the development, construction, and also operation, and maintenance of infrastructure projects. It is also involved in the power generation business, including solar and hydro. The company is also building, developing, and maintaining highways, bridges, and roads. It undertakes Infrastructure development projects directly or indirectly through Special Purpose Vehicles. 

Also read: PSU stock jumps 4% after RBI revises priority sector lending guidelines for Renewable Energy

Ajanta Soya Ltd  

The shares of Ajanta Soya Ltd, with a total market capitalization of Rs 364.59 Crore on Tuesday, opened at Rs 47.1 per share gaining around 1.83 percent in today’s trade. However, as of 10:00 am, the shares retreated and were trading at Rs 46.79 per share which was 1.2 percent higher than the previous closing of Rs 46.25. 

In its press release dated March 24, 2025, the company informed that CKG Family Trust, the promoter of the company acquired 75,000 shares through the open market from March 18th to 21st. As a result of this acquisition, the promoter’s stake in the company increased to 0.22 percent from its previous stake of 0.12 percent. 

The company is engaged in the manufacturing of Vanaspati and various kinds of refined oil with shortening products for bakeries, such as biscuits, puffs, pastries, etc. The company has a portfolio of brands, including Dhruv, Anchal, and Parv. It also offers its products as food ingredients to serve food manufacturers and food service industries. 

Written By Adhvaitha Nayani

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