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Allianz Global Acquires 1% Stake in HD Fire Protect While Halwasiya Boosts PC Jeweller Holding
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Moneycontrol•21-10-2026, 23:18
Allianz Global Acquires 1% Stake in HD Fire Protect While Halwasiya Boosts PC Jeweller Holding
- •Allianz Global Investors bought a 1% stake in HD Fire Protect for Rs 55.73 crore through open-market transactions.
- •HD Fire Protect shares closed up 13.19% at Rs 306.75 on the NSE following a strong market debut.
- •Investor Aditya Kumar Halwasiya purchased a 0.56% stake in PC Jeweller for Rs 101.3 crore.
- •PC Jeweller reported a 58% year-on-year rise in quarterly profit to Rs 331.1 crore alongside strong revenue growth.
- •Maharashtra Defence and Aerospace Venture Fund exited its position in Rappid Valves while other funds adjusted holdings.
Key Questions Answered
Allianz Global Investors GmbH acquired a 1% stake in HD Fire Protect through open-market transactions on October 21 by purchasing 17.55 lakh shares for Rs 55.73 crore.
Investor Aditya Kumar Halwasiya purchased an additional 0.56% stake in PC Jeweller for Rs 101.3 crore, acquiring 5.51 crore shares at Rs 18.39 apiece.
PC Jeweller reported a strong financial performance with its profit rising 58% year-on-year to Rs 331.1 crore and revenue growing 27.8% to Rs 1,054.5 crore.
