Nirlon jumps 7% after ICICI prudential mutual fund purchase stake

Nirlon Limited’s shares jumped 7.02% to ₹472.5, after ICICI Prudential Mutual Fund bought 33.78 lakh equity shares in the company worth ~₹145.3 crore via open market transactions at an average price of ₹430. However, a foreign portfolio investor Albula Investment Fund Limited sold 30 lakh equity shares at the same price, amounting to ₹129 crore