Aquarius India Opportunities Fund has picked 0.51% stake in Sangam (India) for Rs 25.47 million. It has purchased 0.2 million shares at a price of Rs 127.34 a share on the National Stock Echange (NSE).
Sangam (India) is an India-based textile company. The company's industries include spinning, weaving, processing, denim manufacturing and knitting. The company's yarn division is engaged in the manufacturer of polyester viscose dyed yarn in South Asia.
Shares of the company declined Rs 1.3, or 0.99%, to trade at Rs 129.40. The total volume of shares traded was 4,617 at the BSE (12.43 p.m., Tuesday).