Axiscades Technologies rises 5% as Sunil Singhania’s Abakkus buys 3.03% stake

Axiscades Technologies shares rose on Wednesday after Abakkus Asset Manager bought a 3.03% stake for around Rs 235 crore through a block deal. Kotak Mahindra Mutual Fund also picked up a 4.89% stake. Promoter Jupiter Capital sold a 10.69% stake for Rs 829.72 crore in the transaction.