Abakkus Asset Management Acquires Stake in Aether Industries
1 report, 1 independent
Updated Tue 00:00
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What happened
Abakkus Flexi Cap Fund acquired a 1.15% stake in Aether Industries. Hitesh Tailor provided technical research on Aether Industries following the investment. Aether Industries manufactures specialty chemicals, advanced intermediates, and complex chemical building blocks.
From livemint.com
Why it matters
The investment comes after Aether Industries shares surged 137% over the past year. The stock recently fell 4% in the day's trade, trading 6% below its 52-week high.
Aether Industries Limited shares were actively trading on the BSE while commercial operations commenced at its manufacturing site.
From livemint.com
Who's involved
- Hitesh TailorProvided technical research on Aether Industries