The Board of Directors of Modern Insulators Ltd in its meeting held on 26th June, 2026 have considered and approved the Investment of Rs. 25 Crores in Buoyant Large Value Fund (LVF).
The Company has surplus funds available, and the investment is being made for the efficient deployment of such surplus funds as a long-term investment. The investment is expected to generate appropriate risk-adjusted returns and diversify the Company's investment portfolio.
Buoyant is an Alternate Investment Fund buying into listed equities. It invests in large cap, mid cap and small stocks based on fund managers conviction. It has shown good return (ROI) in the past.
Shares of MODERN INSULATORS LTD. was last trading in BSE at Rs. 549.75 as compared to the previous close of Rs. 571.50. The total number of shares traded during the day was 54786 in over 909 trades.
The stock hit an intraday high of Rs. 579.00 and intraday low of 544.50. The net turnover during the day was Rs. 30545427.00.