{"id":205337,"date":"2026-08-17T10:35:15","date_gmt":"2026-08-17T05:05:15","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=205337"},"modified":"2026-08-17T10:35:16","modified_gmt":"2026-08-17T05:05:16","slug":"menon-bearings-share-price-promoter-stake-august-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/menon-bearings-share-price-promoter-stake-august-2026\/","title":{"rendered":"Menon Bearings Share Price in Focus as Promoters Sell 1.77 Percent Stake for Rs 23.92 Crore While Persistence Capital Fund Buys 1.56 Percent on 17 August 2026"},"content":{"rendered":"
<\/div>\n

Menon Bearings share price: Promoters Sucheta\/Aditya\/Anshul Nitin Menon sold 9.96L shares (1.77%) at Rs 240 = Rs 23.92Cr. Persistence Capital Fund I bought 8.75L (1.56%) at Rs 240 = Rs 21Cr.<\/em><\/p>\n

\n

Quick Answer<\/strong><\/p>\n

The Menon Bearings share price is in focus on 17 August 2026 after promoters sold a 1.77 percent stake at Rs 240 per share for Rs 23.92 crore, while Persistence Capital Fund I absorbed most of the supply by buying 8.75 lakh shares (1.56%) at the same price for Rs 21 crore.<\/p>\n<\/div>\n

The Menon Bearings share price has a familiar block deal dynamic playing out on 17 August: promoters reducing their holding with a financial institution stepping in to absorb most of the supply at the same price. Three family members \u2014 Sucheta Nitin Menon, Aditya Nitin Menon, and Anshul Nitin Menon \u2014 collectively sold 9.96 lakh shares (1.77% of equity) at Rs 240 per share for Rs 23.92 crore. Persistence Capital Fund I bought 8.75 lakh shares (1.56%) at the same Rs 240 price for Rs 21 crore.<\/p>\n

The clean absorption of most of the promoter supply by Persistence Capital Fund at the same price is a constructive signal for the Menon Bearings share price. The institution didn’t demand a discount, which means it valued the Menon Bearings share price at the same level the promoters were willing to exit at. Menon Bearings is an auto components manufacturer \u2014 a sector that has been under some pressure in recent sessions (Nifty Auto fell 0.7% last Thursday) but carries a long runway from India’s vehicle production growth story.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n