FIIs sold stake in AVP and Honasa; stock falls 4.5% & 8.8%

Shares of AVP Infracon and Honasa Consumer Limited fell 4.5% to ₹118 and 8.8% to ₹426.25, respectively, after 3 Sigma Global Fund (FII) sold 1.32 lakh shares in AVP Infracon worth ₹1.6 crore, while Fireside Ventures and Sofina Ventures (FII) were reportedly the sellers who are likely to sell up to 2% stake and raise up to ₹273.2 crore.