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Promoter Buyer Shares: Nitco Holding Latest News on 02 Feb

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In the stock market, Promoter Buyer Shares describe situations where promoters of a company acquire shares in their own organization. Such purchases, typically made by key stakeholders like founders or major shareholders, reflect confidence in the company’s future and often signal growth potential or undervaluation to investors. This kind of transaction is closely watched by market analysts and investors as it can indicate insider perspectives on the company’s health and prospects. Furthermore, increased promoter holdings can stabilize the company’s share price by reducing market volatility and demonstrating long-term commitment from the promoters. Over time, these actions can lead to enhanced market reputation and possibly superior financial performance that benefits all shareholders.
Today’s major promoter deals are listed below where the clients Vivek Prannath Talwar played a major role. Let’s uncover them to stay abreast of the latest dynamics in the trading world.

Company Promoter Buy/Sell Qty Traded Price Mode Dates Traded(%) Before (%) After (%)
Nitco Vivek Prannath Talwar Buy 3.5M 92.25 Allotment 27 Jan 25 To
02 Feb 25
+5% 8.80 4.30
Vivek Prannath Talwar Buy 23.4M 92.25 Allotment 27 Jan 25 To
02 Feb 25
+33.443% 4.30 13.18

Nitco :

Numerous dealings have been noted for Nitco , underscoring active trading by major stakeholders. Here are the specific details of these transactions:
🔹 3.5M shares have been Alloted by Vivek Prannath Talwar at a price of ₹92.25 per share as an Allotment between 27 Jan 25 and 02 Feb 25. Initially, their total percentage of shares was 8.8%. After trading 5% of shares, their total percentage of shares shifted to 4.3%.
🔹 23.4M shares have been Alloted by Vivek Prannath Talwar at a price of ₹92.25 per share as an Allotment between 27 Jan 25 and 02 Feb 25. Initially, their total percentage of shares was 4.3%. After trading 33.443% of shares, their total percentage of shares shifted to 13.18%.

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