Lloyds Group companies buy over 5% stake in Bharat Wire Ropes, HCP Investments sells 5.5% shares in Ind-Swift Labs

About this update from Bharat Wire Ropes Ltd.

Lloyds Group companies have acquired more than 5 percent equity stake in Bharat Wire Ropes, the wire rope manufacturer, via open market transactions on April 17.Perhaps, Bharat Wire Ropes shares seem to have reacted the transaction that reflected in trading volumes on Friday. The stock was locked in 20 percent upper circuit (for the first time since October 27, 2025) at Rs 221.96, the highest level since July 10, 2025, forming long bullish candle on the daily charts.Steel manufacturer Lloyds Metals and Energy has acquired 20 lakh shares in Bharat Wire Ropes at Rs 193.42 per share, while Lloyds Enterprises (the investment company of the Lloyds Group) bought 11.46 lakh shares at Rs 215.17 per share and 5 lakh shares at Rs 215 per share. This represented 5.31 percent equity stake worth Rs 74.11 crore.However, Resonance Opportunities Fund sold 17.02 lakh shares (2.48 percent stake) in the wire rope maker, at Rs 193 per share, valued at Rs 32.84 crore.Ind-Swift Laboratories remained in action for second consecutive session as HCP Investments offloaded more stake in the company, which may have reacted in the stock prices.Ind-Swift Labs shares tanked 9.32 percent to Rs 131.86 on the National Stock Exchange.HCP Investments sold 48 lakh shares (5.53 percent equity stake) in the pharma company at Rs 134.18 per share, valued at Rs 64.4 crore. This is in addition to 1.12 percent shares sold in previous session.With Friday's bulk deal, HCP Investments offloaded total 6.65 percent stake in two days against its 8.65 percent shareholding as of February 24, 2026.However, Sahastraa Advisors bought 4.75 lakh Ind-Swift Labs shares at Rs 131.74 per share, and Nova Global Opportunities Fund PCC - Touchstone picked up 8.03 lakh shares at Rs 138.07 per share.Meanwhile, Prazim Trading and Investment Company has bought 32 lakh units in Anzen India Energy Yield Plus Trust at Rs 125 per unit, valued at Rs 40 crore, however, Famy Steri sold 45 lakh units for Rs 56.25 crore at same price.

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