Investor Sells ArisInfra Shares Worth INR 7.4 Cr

SUMMARY

As per NSE data, investor Premlatha Agarwal sold the shares at INR 176.9 apiece, a premium of more than 1% over the stock’s last closing price of INR 174.95 on the BSE

Simultaneously, Agarwal also bought 70,884 shares in the company at INR 176.13 each, translating into a total of INR 1.24 C

The stock has been on an upswing on the back of profitable Q1 results and Anand Rathi last month gave a ‘Buy’ rating on the stock with a target price of INR 164

Amid an uptick in ArisInfra shares over the past month, investor Premlatha Agarwal yesterday offloaded 4.17 Lakh shares in the B2B ecommerce company via a bulk deal worth INR 7.4 Cr.

As per NSE data, the shares were sold at INR 176.9 apiece, a premium of more than 1% over the stock’s last closing price of INR 174.95 on the BSE. Curiously, Agarwal also bought 70,884 shares in the company at INR 176.13 each, translating into a total of INR 1.24 Cr.

The development comes as investors look to book profits amid a big spurt in ArisInfra shares. The stock has been on an upswing after brokerage firm Anand Rathi last month gave a ‘Buy’ rating on the stock with a target price of INR 164.

What has also helped is its profitable show, albeit declining YoY, and an INR 100 Cr contract bagged by the company’s subsidiary for a residential project in Bengaluru’s Nandi Hills region in July this year.

Shares of the B2B ecommerce company have zoomed nearly 20% in the last three months and more than 7% in the past month. Despite the recent rally, the company’s shares are trading 16% below their listing price of INR 209.

The company listed on the BSE at a near 6% discount to its IPO price of INR 222 on June 25.

Founded in 2021 by Ronak Morbia and Bhavik Khara, ArisInfra provides a tech platform for real estate developers to source, procure and deliver construction materials from its large vendor network.

On the financial front, ArisInfra’s net profit declined 22% to INR 5.1 Cr in Q1 FY26 from INR 6.5 Cr in the year-ago quarter. Meanwhile, its operating revenue rose 11% to INR 212.1 Cr during the quarter under review from INR 190.4 Cr in Q1 FY25.

Notably, the latest development comes a month after investment firm and existing backer NeoMile Capital increased its stake in the company to 5.13% from 1.51% earlier.