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Laser Power and Infra Share Price Climbs 3.5% on 17 July 2026 After Nippon MF, BofA and Bank of India MF Buy Stakes

Laser Power and Infra share price Rs 271.69, up 3.53% (17 Jul, 9:12 AM). Nippon India MF bought 16.95 lakh shares for Rs 44.22 crore. Buoyant funds picked 1.42% stake. BofA bought 9 lakh shares.


17 Jul 202610:20 am

Laser Power and Infra Share Price Climbs 3.5% on 17 July 2026 After Nippon MF, BofA and Bank of India MF Buy Stakes

The Laser Power and Infra share price rose 3.53% to Rs 271.69 on the NSE in early trade on 17 July 2026 after a clutch of marquee institutional investors bought stakes in the recently listed cable and conductor maker. Laser Power and Infra saw combined institutional buying of more than Rs 146 crore through bulk deals, led by Nippon India Mutual Fund, Buoyant Opportunities Strategy, BofA Securities Europe SA, and Bank of India Mutual Fund.

Nippon India Mutual Fund increased its stake in the company by acquiring an additional 16.95 lakh shares through two transactions worth Rs 44.22 crore. The buying interest from multiple institutions has put the Laser Power and Infra share price firmly in focus among investors tracking newly listed stocks.

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Laser Power and Infra Share Price: Details of the Institutional Buying

The Laser Power and Infra share price action follows a series of large transactions reported on the exchanges. The table below captures the key institutional purchases.

Buyer Shares Bought Deal Value (Rs Cr) Price (Rs)
Nippon India Mutual Fund 16.95 lakh 44.22 260.98 and 260.75
Buoyant Opportunities Strategy and Strategy-III 20 lakh 53.80 269.00
BofA Securities Europe SA 9 lakh 23.63 262.63
Bank of India Mutual Fund 9.43 lakh 24.83 263.36

Nippon India Mutual Fund purchased 8.95 lakh shares at Rs 260.98 apiece and another 8 lakh shares at Rs 260.75 each. These purchases are in addition to the 1.94 percent stake held by Nippon Life before the company’s listing, signalling continued conviction in the stock.

Buoyant Opportunities Strategy and Buoyant Opportunities Strategy-III together acquired 20 lakh shares, representing a 1.42 percent stake, for Rs 53.8 crore at Rs 269 per share. BofA Securities Europe SA purchased 9 lakh shares worth Rs 23.63 crore at Rs 262.63 apiece, while Bank of India Mutual Fund acquired 9.43 lakh shares for Rs 24.83 crore at Rs 263.36 per share.

Why Institutions Are Buying Laser Power and Infra

The buying that lifted the Laser Power and Infra share price reflects institutional confidence in the power transmission and distribution equipment space. Laser Power and Infra manufactures power cables, conductors, and hardware fittings used in transmission networks, a segment that benefits directly from India’s rising investment in grid expansion, renewable energy evacuation, and rural electrification.

When multiple mutual funds and foreign institutions accumulate a newly listed stock at similar price levels, it often creates a strong ownership base. The Laser Power and Infra share price now has visible institutional support in the Rs 260 to Rs 269 zone, which many traders treat as a reference level for the near term.

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Laser Power and Infra Share Price Performance Today

The Laser Power and Infra share price opened strong on 17 July 2026 and was trading at Rs 271.69 on the NSE at 9:12 AM, up 3.53% over the previous close of Rs 262.42. On the BSE, the stock was quoting even higher at Rs 273.75, a gain of 4.15% over its previous close of Rs 262.85.

The current market price is above the levels at which all four institutional buyers transacted, which suggests the market has responded positively to the quality of the new shareholders. Investors tracking the Laser Power and Infra share price should note that newly listed smallcap stocks can remain volatile, and price swings in both directions are common in the weeks after listing.

Laser Power and Infra Share Price: What Should Investors Do Now

The rally in the Laser Power and Infra share price follows the entry of Nippon India Mutual Fund, Buoyant, BofA Securities, and Bank of India Mutual Fund, the institutional ownership profile of the company. However, investors should evaluate the company’s order book, revenue growth, margin trajectory, and working capital position before taking any decision based purely on bulk deal activity.

Historically, institutional buying in recently listed companies has been a positive signal, but it does not guarantee near term returns. Investors should consider their risk appetite, review the fundamentals, and consult a SEBI-registered advisor before acting on the movement in the Laser Power and Infra share price.

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Conclusion

The Laser Power and Infra share price gained 3.53% to Rs 271.69 on 17 July 2026 after Nippon India Mutual Fund bought 16.95 lakh shares for Rs 44.22 crore, Buoyant Opportunities funds picked up a 1.42 percent stake for Rs 53.8 crore, BofA Securities Europe SA invested Rs 23.63 crore, and Bank of India Mutual Fund added shares worth Rs 24.83 crore. The combined institutional buying of over Rs 146 crore strengthens the shareholder base of the newly listed cable maker. Investors should watch how the Laser Power and Infra share price behaves around the Rs 260 to Rs 269 institutional accumulation zone in the coming sessions.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions FAQs

Why is the Laser Power and Infra share price rising today?

Ans. The Laser Power and Infra share price rose 3.53% to Rs 271.69 on 17 July 2026 after Nippon India Mutual Fund, Buoyant Opportunities Strategy, BofA Securities Europe SA, and Bank of India Mutual Fund bought stakes worth over Rs 146 crore combined.

How many shares did Nippon India Mutual Fund buy in Laser Power and Infra?

Ans. Nippon India Mutual Fund acquired an additional 16.95 lakh shares through two transactions worth Rs 44.22 crore. It purchased 8.95 lakh shares at Rs 260.98 apiece and another 8 lakh shares at Rs 260.75 each.

What stake did Buoyant Opportunities buy in Laser Power and Infra?

Ans. Buoyant Opportunities Strategy and Buoyant Opportunities Strategy-III acquired 20 lakh shares, representing a 1.42 percent stake, for Rs 53.8 crore at Rs 269 per share.

How much did BofA Securities invest in Laser Power and Infra?

Ans. BofA Securities Europe SA purchased 9 lakh shares worth Rs 23.63 crore in Laser Power and Infra at Rs 262.63 apiece through a bulk transaction.

What does Laser Power and Infra do?

Ans. Laser Power and Infra manufactures power cables, conductors, and hardware fittings used in power transmission and distribution networks. The company benefits from India’s investment in grid expansion and renewable energy evacuation.

Did Nippon Life hold a stake in Laser Power and Infra before listing?

Ans. Yes, Nippon Life held a 1.94 percent stake in the company before its listing. The latest purchases of 16.95 lakh shares are in addition to that pre-listing holding.

Should I buy Laser Power and Infra shares after this institutional buying?

Ans. Institutional buying improves the ownership profile, but newly listed smallcap stocks can be volatile. Evaluate the company’s fundamentals, order book, and valuations, and consult a SEBI-registered advisor before investing.

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