Investor Premlatha Agarwal trims stake in ArisInfra, offloads shares worth Rs 7.4 crore

Amid an upswing in ArisInfra shares over the past month, investor Premlatha Agarwal on Thursday sold 4.17 lakh shares in the B2B e-commerce company through a bulk deal worth Rs 7.4 crore, according to NSE data.

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The shares were sold at Rs 176.9 apiece, representing a premium of more than 1% over the stock’s last closing price of Rs 174.95 on the BSE. Interestingly, Agarwal also bought 70,884 shares in the company at Rs 176.13 each, translating into a total transaction value of about Rs 1.24 crore.

The move comes as investors look to book profits following a sharp rise in ArisInfra’s stock. The shares have been buoyed by quarterly earnings and bullish analyst coverage. Last month, Anand Rathi assigned a Buy rating on the counter with a target price of Rs 164.

The rally was further supported by the company’s Rs 100 crore contract won by its subsidiary in July for a residential project in Bengaluru’s Nandi Hills.

Shares of ArisInfra have gained nearly 20% over the last three months and more than 7% in the past month, though they still trade about 16% below their listing price of Rs 209. The company made its market debut on June 25, listing at a 6% discount to its IPO price of Rs 222.

Founded in 2021 by Ronak Morbia and Bhavik Khara, ArisInfra runs a technology platform that enables real estate developers to source, procure, and deliver construction materials through a large vendor network.

On the financial front, the company’s net profit fell 22% year-on-year to Rs 5.1 crore in Q1 FY26, compared to Rs 6.5 crore a year earlier. Its operating revenue, however, rose 11% YoY to Rs 212.1 crore during the quarter, up from Rs 190.4 crore in Q1 FY25.

The latest bulk-deal activity follows NeoMile Capital’s decision last month to raise its stake in the company to 5.13% from 1.51% earlier.