Resourceful Automobile jumps after DII acquires shares in company

Resourceful Automobile Ltd rose 2 percent after Plutus Capital Management bought 30,000 shares worth ₹18 lakh at ₹59.68 each. The stock hit ₹64.01 intraday before entering ASM LT: Stage 1. Despite the boost, the stock is down over 48 percent since its August 2024 listing. The investment signals confidence in the company’s prospects.