GRAVITON ACQUIRES PGEL STAKE

Graviton Research Capital LLP, a prominent institutional entity, has executed a significant bulk deal involving PG Electroplast Limited (PGEL). The firm purchased 1,437,520 equity shares at a weighted average price of ₹505.26, resulting in a total transaction value of approximately ₹72.63 crore. This acquisition represents a substantial institutional movement in the electronics manufacturing services (EMS) provider’s stock. The scale of this transaction highlights increasing institutional interest in the contract manufacturing sector. As PGEL continues to expand its manufacturing footprint, such high-value deals often enhance market liquidity and reflect institutional positioning within the mid-cap segment. This move is particularly notable given the current competitive landscape of the Indian electronics assembly and manufacturing industry.