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Capsule – 23/12: Astra Microwave Products, Celestial Biolabs, Dhanlaxmi Bank, Dr. Lal Path Labs, McLeod Russel India, PG Electroplast, Piramal Phytocare, Sangam (India), and Simplex Projects!

Here is the “Capsule” of the data that is revealed in the markets. This has been collated and curated to make trade-able sense.

Bulk & Block Deals

Here is a summary of Bulk & Block Deal transactions in this week. A Bulk Deal is a trade, where total quantity bought or sold is more than 0.5% of the number of equity shares of the company. A trade, with a minimum quantity of 5,00,000 shares or minimum value of Rs.5 crore executed through a single transaction on this separate window of the stock exchange will constitute a Block Deal. (Bulk/Block Deals for 22-DecBulk/Block Deals for 21-DecBulk/Block Deals for 18-DecBulk/Block Deals for 17-DecBulk/ Block Deals for 16-DecBulk/ Block Deals for 15-Dec)Bulk_Block_Deals_23_December_2015

Astra Microwave Products

Background: Designs, develops and manufactures sub-systems for RF and microwave systems used in defense, space, meteorology and telecommunication. Astra Microwave’s product portfolio caters to several market segments such as Defense, Telecom, Space, Meteorology, Security, and Satcom.

Stock Statistics:Astra_Microwave_Products_Stock_Statistics

Bulk Deal: Larsen & Toubro Limited which held 7,950,045 shares or 9.72% as of September, 2015 today sold a significant stake i.e. 5,500,000 shares or 6.72% at an average price of Rs. 135.8/- thereby valuing the deal at Rs. 7469 lakhs.

With this sale their stake is now reduced to 2,450,045 shares or 3% of the entire shareholding.

Other Big Investors include

      • HDFC Premier Multi-Cap Fund at 238,400 shares or 0.29%;
      • HDFC Infrastructure Fund at 3,074,400 shares or 3.76%;
      • HDFC Prudence Fund at 4,049,813 shares or 4.95%;
      • HDFC Short Term Plan 100 shares;
      • HDFC Corporate Debt Opportunities Fund at 400 shares;
      • Axis Long Term Equity Fund at 4,863,146 shares or 5.95%;
      • Reliance Mid & Small Cap Fund at 2,932,869 shares or 3.59%;
      • ICICI Prudential Infrastructure Fund at 1,514,852 shares or 1.85%;
      • L&T Infrastructure Fund at 138,200 shares or 0.17%;
      • L&T Midcap Fund at 199,403 shares or 0.24%;
      • L&T Emerging Businesses Fund at 167,500 shares or 0.20%.

Other Mutual Fund houses holding this stock include:

      • Birla Sun Life Advantage Fund at 432,100 shares or 0.53%;
      • Birla Sun Life Emerging Leaders Fund – Series 3 at 37,500 shares or 0.05%;
      • Birla Sun Life Emerging Leaders Fund – Series 4 at 22,500 shares or 0.03%;
      • Birla Sun Life Emerging Leaders Fund – Series 6 at 120,000 shares or 0.15.

The stock is also held by Big Whale – Hasham Investment and Trading Company aka Azim Premji at 3,182,709 shares or 3.89%.

Results:Astra_Microwave_Products_Quarterly_Results_2015

News: L&T sells 79.50 lakh shares of Astra Microwave – MoneycontrolL&T exits Astra Microwave – The HinduWill L&T selling impact Astra Microwave? – Business LineAstra Microwave Products climbs 4% after block deal – IIFL.

Celestial Biolabs

Background: It is a 16 years old Bio-pharmaceutical, based in Hyderabad. The business plan of Celestial Biolabs is essentially based on the production and supply of the biotechnological products which have very significant implications, especially in both Pharmaceutical and Bio-pharmaceutical sectors.Celestial_Biolabs_Stock_Statistics

Stock Statistics:

Bulk Deal: Vijay Kumar Sanghvi (HUF) purchased 100,000 shares or 0.54% at an average price of Rs. 41.19/- thereby valuing the deal at Rs. 41 lakhs.

Other Big Investors: None

Results:

News: None

Dhanlaxmi Bank

Background: Dhanlaxmi Bank  was incorporated in 1927 at Thrissur, Kerala by a group of  entrepreneurs. The Bank is a major player in micro credit in Kerala.

Stock Statistics:Dhanlaxmi_Bank_Stock_Statistics

Bulk Deal: Vaidya Deepak Calian sold 969,074 shares or 0.55% at an average price of Rs. 21.64/- thereby valuing the deal at Rs. 210 lakhs.

Other Big Investors: 

The stock is also held by Big Whale – Dilipkumar Lakhi & Family at 2,477,740 shares or 1.40% as of September, 2015.

Results:Dhanlaxmi_Bank_Quarterly_Results_2015

News: None

Dr. Lal Path Labs

Background: Dr. Lal Path Lab, is India’s first diagnostic service provider to get listed on Indian equity bourses. The company offers patients and healthcare providers a broad range of diagnostic and related healthcare tests and services for use in core testing, patient diagnosis and the prevention, monitoring and treatment of disease and other health conditions.

Stock Statistics:Dr.Lal_Path_Labs_Stock_Statistics

Bulk Deal: Ashoka PTE – a Singapore based entity purchased 425,000 shares or 0.51% at an average price of Rs. 729.86/- thereby valuing the deal at Rs. 3102 lakhs.

Dr. Lal Path Labs listed on 23-Dec-15 and is being considered as one of the best IPO’s of 2015 after Inter Globe Aviation (Indigo).

Other Big Investors: The shareholding has not been disclosed, we are unable to identify the other Big Investors. However, Foreign Venture Capital Investor hold 19,141,275 or 23.16% of the share capital.

Results: None

News: Tale of two Listings! Dr Lal Pathlabs strong, Alkem advances – IIFLDr Lal Path-Labs shares zoom 50% on debut – Times of India2015: Best year for IPOs since 2010; Dr Lal surges 50%, Alkem gains 31% on street debut – Economic Times.

McLeod Russel India

Background: McLeod Russel India is the world’s largest tea growing company. They manufacture approximately 100 million kilograms of high quality tea a year from our tea estates in Assam and West Bengal, India, Vietnam, Uganda and Rwanda and are responsible for employing over 90,000 people.

McLeod is also planning to double its bought leaf production to 50 million kg over the next four years to maintain a stable production.

Stock Statistics:McLeod_Russel_India_Stock_Statistics

Bulk Deal: Reliance Mutual Fund which held a total of 1,286,972 shares or 1.18% via 3 of its Mutual Fund schemes i.e. via Reliance Mid & Small Cap Fund at 1,082,774 shares or 0.99%; via Reliance Shares Dividend Opportunities ETF at 1398 shares; and via Reliance Capital Builder Fund – Series A at 202,800 shares or % 0.19%; today sold 550,000 or 0.50% via its Reliance Mid and Small Cap Fund at an average price of Rs. 172.67/- thereby valuing the deal at Rs. 950 lakhs.

With this sale, the stake held via Reliance Mid and Small Cap Fund falls down to 532,774 shares or 0.49% and the total holding of all funds together stands at 736,972 shares or 0.67%.

Other Big Investors: 

Results:McLeod_Russel_India_Quarterly_Results_2015

News: Relialnce MF sells 5.50 lakh shares of Mcleod Russel – Moneycontrol.

PG Electroplast – Capital Mind Outlier Stock

PG_Electroplast_Capital_Mind_Outlier_Stock

Background: PG Electroplast has a wide range of business including Plastic Injection Moulding, Tool Manufacturing, Automotive Parts Manufacturing, Motor Manufacturing, Home and Kitchen Appliances, Consumer Electronic Products, Lighting, PCB Assembly Services, Food Storage Container with over four manufacturing units spread across India.

Stock Statistics:PG_Electroplast_Stock_Statistics

Bulk Deal: Alok Knit Exports which held 263,741 shares or 1.61% as of September, 2015 today sold 112,000 shares or 0.68% at an average price of Rs. 140.83/- thereby valuing the deal at Rs. 132 lakhs.

With this sale their stake is now reduced to 151,741 shares or 0.93%.

Other Big Investors: Anand Rathi Share & Stock Brokers held 233,097 shares or 1.42% as of September, 2015.

Results: PG_Electroplast_Quarterly_Results_2015

News: None

Piramal Phytocare – Capital Mind Outlier Stock

Piramal_Phytocare_Capital_Mind_Outlier_Stock

Background: Piramal Phytocare is engaged in developing and marketing standardized healthcare solutions derived from natural sources such as plants. Their varied range of products have been deployed to manage lifestyle ailments such as Diabetes, Arthritis, Constipation, Liver damage, Anxiety, Sexual dysfunction, Cough and cold in addition to others .

Stock Statistics:Piramal_Phytocare_Stock_Statistics

Bulk Deal: Jagartius Universal purchased 146,333 shares or 0.56% at an average price of Rs. 120.89/- thereby valuing the deal at Rs. 177 lakhs.

Other Big Investors: 

Results:Piramal_Phytocare_Quarterly_Results_2015

News: None

Sangam (India) – Capital Mind Outlier Stock

Sangam_India_Capital_Mind_Outlier_Stock

Background: Sangam’s Textile Industries at Bhilwara, Rajasthan are one of the largest and most modernised industries in the country. The Group’s Spinning division is ranked amongst world’s largest PV Dyed yarn industry.

Totally integrated division is equipped to produce from yarn to fabrics. The diversified industries include Spinning, Weaving, Processing, Denim Manufacturing and Knitting. Being the core business of Sangam Group, The Textiles account for the major revenue sharing in the group’s earnings.

Stock Statistics:Sangam_India_Stock_Statistics

Bulk Deal: Mentor Capital which held 6,275,533 shares or 15.92% as of September, 2015 today sold 221,544 shares or 0.56% at an average price of Rs. 308.85/- thereby valuing the deal at Rs. 684 lakhs.

With this sale, their stake is now reduced to 6,053,989 shares or 15.36%.

Satpal Khattar an individual investor purchased 200,000 shares or 0.51% at an average price of Rs. 308.75/- thereby valuing the deal at Rs. 618 lakhs.

Other Big Investors: 

Results:Sangam_India_Quarterly_Results_2015

News: 

Simplex Projects

Background: Simplex Projects offers a perfect blend of engineering skill and latest technologies for the infrastructure growth. Simplex Projects remains versatile in a range of activities ranging from ground engineering to electro-mechanical design, fabrication and installation.

Stock Statistics:Simplex_Projects_Stock_Statistics

Bulk Deal: Suvarna Commercial which held 138,500 shares or 1.1% today sold 94288 shares or 0.75% at an average price of Rs. 41.13/- thereby valuing the deal at Rs. 39 lakhs.

With this sale, their stake is now reduced to 44,212 shares or 0.35%.

The stock is also held by Big Whale – Akash Bhansali & Family at 1,180,000 shares or 9.36% as of September, 2015.

Results:Simplex_Projects_Quarterly_Results_2015

News: Simplex Projects Ltd announces receiving winding up notice against it – Equity Bulls

Delivery Volume Shockers!

We have compiled a list of those stocks which have seen massive increases in the “deliverable quantity to traded quantity %”.

Stocks are traded every day and most stocks see intraday
trading (buy and sell on the same day). Intraday trades don’t result in delivery – if two people buy and sell from each other and square off within the day, there will be volume, but no actual shares will change hands.

Delivery volumes as a percentage of total volume shows us how much of the stock is traded versus held for more than a day. It’s not very useful to use this data to trade per se.

But what is useful is if the delivery percentage JUMPS. If a stock is thinly delivered (say 30% delivery) and jumps up to 80% delivery then we are likely to be seeing some action in that stock because either a big buyer is in or a big seller is. 

Listed below, are the Top 25 for today (23rd Dec 2015):

Delivery_23Dec

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