Announced Fri, 19 Jun · 10:16 IST
HDFC Mutual Fund cuts stake in Sapphire Foods by 2.84% via open market
SAPPHIRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.9%1-day move
₹184.59
prior close
₹187.13
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3-0.3-0.2-1.0+3.9+1.0+0.8-3.3-2.1-0.3+1.4-1.9——
Up moveDown movePending
AI summary
HDFC Mutual Fund reduced its holding in Sapphire Foods India from 9.60% to 6.76%, selling 91,20,384 equity shares (2.84% of paid up capital) through open market transactions on June 16, 2026. The sale was executed across multiple HDFC schemes including Flexi Cap Fund, Focused Fund, Large and Mid Cap Fund, Consumption Fund, and several index funds and ETFs. The mutual fund is not classified as a promoter of the company.
Likely market impact
Significant institutional exit of 2.84% via open market may pressure the stock and signal weak institutional conviction at current levels.