Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial
Stocks

Deal Flow – 08/02: Decent Financial Services sells Cantabil Retail India, Ashoka PTE sells Heidelberg Cement to First State Investments, Anvil Fin Trade sells Precision Camshafts and IntraSoft Technologies gets traded

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.

Deal_Flow_08_February_2016

Cantabil Retail India

Cantabil Retail India is in the business of designing, manufacturing, branding and retailing of apparels under the brand names of CANTABIL. The Company started its garments manufacturing and retailing business in 2000 and opened its first Cantabil store on September, 2000 in New Delhi. The CANTABIL brand offers the complete range of formal-wear, party-wear, casuals & ultracasual clothing for Men and Women in the middle to high income group. The company launched their second brand KANESTON in 2013. The KANESTON brand caters to men’s segment in undergarments. The company also retails various accessories like ties, belts, socks, caps and handkerchief under the same brand.

The company recently announced its Q3 results: Standalone total income from operations of Rs 45.89 crore and a Net profit of Rs 2.43 crore for the quarter ended Dec ’15. Other income for the quarter was Rs 0.26 crore

Decent Financial Services led by Rajeev Sumanbhai Kothari and Manoj Kumar Sethia sold 185,000 shares or 1.13%

HeidelbergCement

Heidelberg Cement India Limited is a subsidiary of Heidelberg Cement Group, Germany. In 2006, the Group acquired majority stakes in Mysore Cements, Cochin Cements, as well as the Indorama Cement joint venture, which was converted to a full acquisition in 2008. Following the merger with Indorama Cement, Mysore Cements was renamed Heidelberg Cement India Ltd. (HCIL) in 2009.

In India, Heidelberg Cement has production facilities at Damoh (State of Madhya Pradesh), Jhansi (State of Uttar Pradesh), Ammasandra (State of Karnataka) and Cochin (State of Kerala), and markets its products under the brand name Mycem across the various regions.

After completing the brownfield expansion of our cement capacities in central India by 2.9 million tonnes and the sale of the Raigad grinding plant (formerly Indorama Cement), HeidelbergCement has now a total cement capacity of 5.6 million tonnes in India.

The company recently announced its Q3 results: Standalone total income from operations of Rs 408.01 crore and a net profit of Rs 8.90 crore for the quarter ended Dec ’15. Other income for the quarter was Rs 5.29 crore

Ashoka PTE sold 2,329,252 shares or 1.03% bringing down its stake from 5,462,574 shares or 2.41% to 3,133,322 shares or 1.38%.

Ashoka PTE – A Singapore based entity part of the Flowering Tree Investment Management – an employee owned hedge fund sponsor. The firm launches and manages private funds investing in equity markets. It invests in public equity markets of Asia. The firm employs long/short strategy to make its investments.

First State Indian Subcontinent Fund purchased 1,486,240 shares or % 0.66%

First State Investments (UK) Limited is a privately owned investment manager. The firm provides its services to pension and profit sharing plans, state and municipal government entities, banking and thrift institutions, investment companies, pooled investment vehicles, and charitable organizations. It manages mutual funds for its clients.

Check out: Franklin Templeton MF buys Heidelberg Cement (CM Outlier)

Intrasoft Technologies

IntraSoft Technologies Limited is in the business of providing back ended IT Enabled Services to its subsidiary companies.

Its E-commerce subsidiary www.123stores.com focuses on the US Online Retail market and was ranked as the 392nd largest Internet Retailer in USA as well as the 13th fastest growing Internet Retailer in the 2015 Top 500 Internet Retailer Guide.

They sell approximately 310,000 products from over 1,500 brands on the Internet under the brand name “123Stores”. The company’s E-greetings subsidiary www.123greetings.com is the world’s leading online destination for human expressions reaching 95 million visitors annually. It also operates 123Greetings Studio, a unique platform for artists, to upload and monetize their own ecards.

The company recently announced its Q3 results: Consolidated total income from operations of Rs 258.55 crore and a net profit of Rs 5.17 crore for the quarter ended Dec ’15

Ambika Fincap Consultants led by Babulal Jeshanglal Shah, Rachna Nishid Shah, Dhruv Nishid Shah purchased 95,073 shares or 0.65%

Intrasoft Beneficiary Trust – a privately owned investment vehicle. It is co-owned by Mr. Arvind Kajaria and Mr. Sharad Kajaria sold 1,200,000 shares or 8.15%.

Massachusetts Institute of Technology – fund purchased 95,007 shares or 0.65%

University Of Notre Dame Du Lac – purchased 459,608 shares or 3.12%

Washington University – Chanakya Capital Partners – a registered investment advisory firm located in Ebene, Mauritius purchased 257,413 shares or 1.75%.

Precision Camshafts

Precision_IPO

One of the world’s leading manufacturer and supplier of camshafts, a critical engine component, in the passenger vehicle segment based on our estimated global market share by volume. The company supplies over 150 varieties of camshafts for passenger vehicles, tractors, light commercial vehicles locomotive engine applications from its manufacturing facilities in Solapur, Maharashtra.

The stock that made its debut at a discount of 12% on the stock market today closed at Rs. 177.25/-.

Anvil Fin Trade led by: Anuj Anantrai Sheth and Jayesh Kantilal Shah sold 500,000 shares at a price of Rs. 174.11/-.


 

Check out the Deal Flow for the other days:

Deal Flow – 05/02: Stichting Pensioen Fonds ABP sells Crompton Greaves and Dhwaja Shares & Securities sells Ucal Fuel Systems

Deal Flow – 02/02: UBS buys Housing Development and Infrastructure, Franklin Templeton MF buys Heidelberg Cement (CM Outlier) and Mentor Capital buys R.P.P. Infra Projects

Deal Flow – 01/02: Vijay Kishanlal Kedia buys into Speciality Restaurants and Wallfort Financial Services sells Patel Integrated Logistics

Deal Flow – 29/01: Dilipkumar Lakhi – the CEO of Lakhi Group buys 1.35% in TRF Limited (A Tata Enterprise)

Deal Flow – 28/01: Promoters buy over 3% of Allsec Technologies sold by Big Whale Bharat Jayantilal Patel and Hridaynath Consultancy

divider

Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion. 

Next Gen Financial Analytics