InvestorQ : Why did Advance Enzymes rally so sharply in last few days?
Angel dcosta made post

Why did Advance Enzymes rally so sharply in last few days?

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Juvina Maggie answered.
2 weeks ago
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Advanced Enzyme Technologies got a 12% rally boost after Nalanda India Equity Fund increased its stake in the company. Nalanda India Equity Fund bought 29.1 lakh shares of Advanced Enzyme on Tuesday from the market from the promoters of the company. As of June 2022, Nalanda India Equity Fund is already holding 6.23% in the company, so it must now be closer to 9% stake. . Advanced Enzyme Technologies has leadership in manufacturing of enzymes and probiotics catering to health and nutrition based industries.

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