NewsOrders & DealsShankar Sharma Offloads 0.61% Stake in Rama Steel Tubes, Acquires 0.52% Stake in Valiant CommunicationsShankar Sharma Offloads 0.61% Stake in Rama Steel Tubes, Acquires 0.52% Stake in Valiant Communications
Veteran investor Shankar Sharma executed strategic bulk deals on January 21, 2026, selling 1 crore shares (0.61% stake) in Rama Steel Tubes at ₹7.65 per share while acquiring 59,100 shares (0.52% stake) in Valiant Communications at ₹773.72 per share. NEOMILE Growth Fund made significant investments in Deepak Builders & Engineers India and DCX Systems, while institutional investors Pine Oak Global Fund and MIT divested stakes in Ashwini Container Movers and Restaurant Brands Asia respectively.
*this image is generated using AI for illustrative purposes only.
Veteran investor Shankar Sharma made notable portfolio adjustments on January 21, 2026, through bulk deals involving Rama Steel Tubes and Valiant Communications. The transactions reflect strategic repositioning across different sectors, with Sharma exiting his position in the steel manufacturer while entering the communications space.
Shankar Sharma's Portfolio Moves
Sharma's trading activity on January 21, 2026, involved two significant transactions across different exchanges:
| Transaction Details: | Rama Steel Tubes | Valiant Communications |
|---|---|---|
| Exchange: | NSE | BSE |
| Action: | Sold | Bought |
| Shares Traded: | 1 crore | 59,100 |
| Price per Share: | ₹7.65 | ₹773.72 |
| Stake Percentage: | 0.61% | 0.52% |
| Closing Price: | ₹7.54 (-7%) | ₹756.75 (+1.93%) |
Sharma's exit from Rama Steel Tubes comes after holding approximately 1.5% stake in the company as of December 2025. He initially added the steel pipes and tubes manufacturer to his portfolio in 2024. The company specializes in manufacturing and supplying steel pipes, tubes, and structural products.
Other Significant Bulk Deals
NEOMILE Growth Fund–Series I emerged as an active buyer, making substantial investments in two companies:
| NEOMILE Acquisitions: | Deepak Builders & Engineers | DCX Systems |
|---|---|---|
| Shares Purchased: | 21.32 lakh | 9 lakh |
| Price per Share: | ₹95.00 | ₹161.00 |
| Stake Acquired: | 4.58% | Not specified |
| Closing Price: | ₹95.00 (-1.43%) | ₹160.66 (-1.8%) |
DCX Systems, which attracted NEOMILE's investment, operates in the aerospace and defense sectors, manufacturing complex electronic sub-systems, cable harnesses, and providing system integration services for aerospace, defense, satellite, and civil aviation applications.
Institutional Divestments
Several institutional investors reduced their holdings through bulk transactions:
| Institutional Exits: | Details |
|---|---|
| Pine Oak Global Fund: | Sold 1.1 lakh shares (0.73%) in Ashwini Container Movers at ₹144.00 per share |
| MIT: | Divested 1.17 crore shares (2.02%) in Restaurant Brands Asia at ₹63.31 per share |
Ashwini Container Movers, the Mumbai-based logistics company, closed marginally higher at ₹144.00, up 0.14%. Restaurant Brands Asia shares ended at ₹64.61, gaining 1.46% despite the institutional selling pressure.
Market Performance Summary
The bulk deals reflected mixed market sentiment, with some stocks declining despite buying interest while others gained ground amid selling pressure. Rama Steel Tubes experienced the most significant decline at 7%, while Valiant Communications showed resilience with a nearly 2% gain. The varied performance suggests selective institutional interest across different sectors and market capitalizations.
15
