Synopsis: A capital goods and infrastructure services stock drew investor interest after Invesco Mutual Fund purchased a 0.54 percent stake through a bulk deal worth Rs. 13 crore.

A capital goods and infrastructure services stock gained traction after a leading institutional investor took a fresh stake in the company through a bulk deal, signaling renewed institutional interest in the dredging and marine services provider.

Dredging Corporation of India Ltd, with a market capitalization of Rs. 2,571.80 crore, opened at Rs. 934.05 on Tuesday after a previous close of Rs. 888.95. The stock touched an intraday high of Rs. 954.95, marking an increase of 7.4 percent from the previous close.

What’s the News?

Invesco Mutual Fund acquired 1.52 lakh shares of Dredging Corporation of India Ltd

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