Promoter picks up 2.7% shares in Ramco Systems, HDFC MF pares 2.6% stake

Recent Market Updates and Share Transactions

On February 3, Promoter Ramco Management acquired a 2.7% equity stake in Ramco Systems, a global enterprise software company, through open market transactions.

Share Rallies Amid High Volumes

Ramco Systems shares rose 3.1% to Rs 501.35 on the NSE, marking the seventh consecutive session of an upward trend. The stock's gain is attributed to the formation of a bullish engulfing pattern on January 26.

• Transaction Details: Ramco Management bought 10.2 lakh shares (2.7% of paid-up equity) at Rs 500.02 per share for Rs 51 crore.
• Counter Transaction: HDFC Mutual Fund sold 9.74 lakh shares (2.6% stake) at Rs 499.2 per share for Rs 48.65 crore.
• Equity Shareholding: HDFC AMC's Balanced Advantage Fund held 5.45% equity shareholding in Ramco as of December 2025.

Other Notable Transactions

Singularity AMC-owned Singularity Equity Fund I sold 6.21 lakh shares (0.73% stake) in Capacite Infraprojects at Rs 227.39 per share for Rs 14.12 crore.

• Stock Reaction: The stock did not react to the stake sale, but instead rallied 7.5% to close at Rs 228.61 on Tuesday.

Textile Company Sees Significant Gain

Vardhman Polytex surged 12% to Rs 511.95 after a strong gap-up opening and a bullish gap that remained unfilled.

• Bullish Activity: Pine Oak Global Fund bought 1.5 crore shares (5.18% stake) in Vardhman at Rs 6.9 per share for Rs 10.35 crore from Raminder Pal Singh.