- Wealth PMS (50L+)
Deal flow for today shows that Maverick Commodity Brokers purchased a stake in Geometric while Dhiren Shah purchased a small stake in Transpek Industries.
Note: In Deal Flow, we summarize Bulk and Block Deals. 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.
Geometric provides solutions for the product development and manufacturing industry. The company offers a wide range of engineering services across the product development process, including product design and engineering, manufacturing engineering, end-to-end solutions for PLM, and software product development, to manufacturers in industries ranging from automotive, off-highway, and aerospace and defence, to machine tools, consumer goods and oil and gas.
Maverick Share Brokers – financial institution based in Jaipur, Rajasthan purchased 326,094 shares or 0.50%
Transpek Industry Limited was set up in 1965 initially for manufacturing Transparent Acrylic Sheets.
The company is pioneer into Thionyl Chloride Chemistry and currently largest producer of Thionyl Chloride & Acid Chlorides in Asia, outside Europe. Transpek used to manufacture Sodium Hydrosulfite, Safolite, Safoline, Zinc Oxide and Zinc Dust. This business has been transferred to Transpek Silox Industry Limited, a Joint Venture.
Dhiren S.Shah – an individual investor purchased 60,000 shares or 1.02%
Suyog Telematics is a growing passive telecommunication infrastructure provider in India, engaged primarily in the business of installing and commissioning of Poles, Towers and Optical Fibre Cable (OFC) Systems in India.
They are a Service Provider of Fiber Optic Network Solution, Tower Erection Service and Pole Erection Service. The company specializes in innovative solutions which are different from the existing tower sharing concept.
Kalpana Pramod Shah – an individual investor sold 120,000 shares or 1.42% to Alpeshkumar Fakirchand Agrawal. With this sale her stake is now reduced to 264,000 shares or 3.12% (based on the shareholding as of September, 2015 since the December, 2015 shareholding has not been disclosed yet).
Deal Flow – 15/03: Goldman Sachs sells Crompton Greaves, Shilpa Porinju Veliyath buys stake in Tera Software
Deal Flow – 14/03: Copthall Mauritius sells most of its stake in Crompton Greaves to the US based WGI Fund
Deal Flow – 11/03: Orange Mauritius (FII) sells Ess Dee Aluminium, Vraj Enterprises and Yamini Investments sell Rama Steel Tubes
Deal Flow – 09/03: Franklin Templeton sells Career Point Limited and Subham Capital buys Star Ferro & Cement
Deal Flow – 08/03: Atyant Capital buys more of Seshasayee Paper & Boards, DSP Blackrock Emerging Stars Fund buys Shaily Engineering Plastics and SBI Mutual Fund adds more of Westlife Development
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.