WhiteOak Capital Mutual Fund has picked up a 2.6 percent stake in Roadstar Infra Investment Trust, signalling growing institutional interest in infrastructure-focused investment vehicles. The transaction reflects continued appetite among mutual funds for InvITs amid expectations of stable cash flows and long-term returns.
In a separate development, NAV Capital increased its stake in Ravelcare by acquiring an additional 1.7 percent equity in the company. The buying activity triggered strong momentum in Ravelcare shares, which surged 19.43 percent on Friday to close at Rs 140.75, supported by heavy volumes.
The sharp rally highlights investor confidence following increased promoter and institutional participation, with market participants closely tracking further stake movements in both Roadstar Infra InvIT and Ravelcare.
