HDFC Mutual Fund raises stake in Awfis Space Solutions to 7.33%. Details here

Awfis Space Solutions shares gained nearly 2% in intraday trading on September 2, following HDFC Mutual Fund's increased stake to 7.33%. The stock opened at 570.30, reaching an intraday high of 576, before trading 0.65% higher at 570.85 around midday.

Nishant Kumar
Updated2 Sep 2025, 01:16 PM IST
HDFC Mutual Fund raised its stake in the small-cap stock Awfis Space Solutions to 7.33%.
HDFC Mutual Fund raised its stake in the small-cap stock Awfis Space Solutions to 7.33%.(Pixabay)

Awfis Space Solutions share price rose almost 2 per cent in intraday trade on the BSE on Tuesday, September 2, looking set to extend gains to the second consecutive session after HDFC Mutual Fund increased its stake in the small-cap stock to 7.33 per cent from 5.04 per cent earlier.

Awfis Space shares opened at 570.30 against their previous close of 567.15 and rose 1.6 per cent to an intraday high of 576. However, the small-cap stock pared gains and traded 0.65 per cent up at 570.85 around 12:55 PM.

Also Read | Nifty trades above 24,700. Is the Trump tariff fear behind?

HDFC Mutual Fund raises stake in Awfis Space Solutions

In an exchange filing on August 29, HDFC Mutual Fund said it raised its stake in Awfis Space Solutions from 5.06 per cent to 7.33 per cent.

HDFC Mutual Fund, through its schemes, added 16,34,963 shares of Awfis Space Solutions, equivalent to 2.29 per cent of the company's paid-up equity share capital, on August 28 through open market transactions.

After this transaction, HDFC Mutual Fund's total shareholding increased to 52,27,786 shares, or 7.33 per cent, in the company.

"We wish to inform you that there has been an increase in the shareholding of Awfis Space Solutions by the schemes of HDFC Mutual Fund by 2.29 per cent as of August 28, 2025. As on August 28, 2025, the aggregate holding of the schemes of HDFC Mutual Fund in the company is 7.33 per cent of the paid-up equity share capital of the company," said HDFC Mutual Fund.

 

Also Read | Stocks to buy for short term: Experts suggest these 5 shares for next 2-3 weeks

Awfis Space share price trend

The small-cap stock has performed poorly over the last year, plunging 24 per cent as of September 1 close, while in the current calendar year, the stock has fallen 22 per cent.

However, on a longer timeframe of five years, the stock has gained over 40 per cent.

Awfis Space shares hit a 52-week high of 824.95 on September 6 last year but witnessed profit booking thereafter. The stock hit a 52-week low of 546 on March 13 this year.

Read all market-related news here

Read more stories by Nishant Kumar

Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.

Stock Market TodayAwfis Space SolutionsIndian Stock MarketStock MarketSmall Cap Stocks
Get Latest real-time updates

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Business NewsMarketsStock MarketsHDFC Mutual Fund raises stake in Awfis Space Solutions to 7.33%. Details here
More