- Wealth PMS
Here is the “Deal Flow (Summary of Bulk & Block Deals)” of the data that is revealed in the markets. This has been collated and curated to make trade-able sense.
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.
Provides Web development, Web design, search engine optimization, strategic teleservices, customer care, and quality management services. It is also provide data verification, processing orders received through telephone calls, telemarketing, monitoring quality of calls, customer services. Its client are top MNC like Genpact, Accenture, Wells Fargo etc.
PAT Financial Consultants otherwise Big Whale Bharat Jayantilal Patel sold 129,452 shares or 0.85%. With this sale their stake is now reduced to 25,167 shares or 0.16%. (Initial holding is as of September, 2015)
Minal Patel purchased 200,000 shares or 1.31% at an avg. price of Rs. 99.05/- per share.
Hridaynath Consultancy (Directors – Vanraj Vinod Shah and Geeta Vanraj Shah) sold 581,980 or 3.82%. With this sale, their entire position stays liquidated. (Initial holding is as of September, 2015)
Most of these were purchased by Jagadish Ramamoorthi (Co-Founder & CEO) and Saravanan Adiseshan (Founder & President) of the company. Today was also the last day for the closure of trading until the February 16, 2016 as per the insider trading code of the Company.
With this purchase the Promoters stake which was 17.47% and 17.96% would increase to 19.44% and 19.93% respectively.
Deal Flow – 25/01: Copthall Mauritius (subsidiary of J.P.Morgan Chase & Co.) buys KNR Constructions, Atyant Capital & Directors of Kedaara Capital sell Ponni Sugars (Erode) & Sasken Communications to Vanderbilt University and Vistar Financiers buy ECE Industries