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Deal Flow – 17/03: Deep Industries, MBL Infrastructures and Suryalakshmi Cotton Mills

Deal flow for today shows lack of Big Deals. Individual Investor purchased a small stake in Deep Industries which has received Notification of Award for Hiring of Gas Dehydration System at ONGC and Savla Shailesh sold a small stake in Suryalakshmi Cotton Mills – a leading premium yarns to denim to garment manufacturer.

Deal_Flow_17_March_2016

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.

Deep Industries

Deep Industries Limited has been serving the industry in various segments with the foremost being providing Air & Natural Gas Compressor Services on chartered hire basis.

Deep Industries Limited successfully forayed itself in Exploration and Production segment and having various Onshore Oil and Natural Gas blocks, Coal Bed Methane Blocks awarded under different rounds of NELP and CBM bidding.

After successful run in Exploration and Production Business in India, Deep Industries Limited has also been awarded One (1) Onshore Coal Bed Methane Block in Indonesia

The Company has grown up to be a “One Stop Solution” provider for every need in Oil and Gas field operations by catering various equipment and services under rental and chartered-hire basis

Deep_Industies

The company has received Notification of Award for Hiring of Gas Dehydration System for Four (04) Production Installations for a period of 5 Years at ONGC Rajamundry Asset viz. Tatipaka GCS, Kesanapalli GCS, KPDA EPT & Endamuru GCS. The total estimated value of the said Award is of Rs. 246.88 Cr.

Kunal Rakesh Aggarwal – an individual investor purchased 150,000 shares or 0.51%


MBL Infrastructures

MBL Infrastructures Limited is engaged in the execution of Civil Engineering Projects. The Company provides integrated Engineering, Procurement and Construction (EPC) services for Civil Construction and Infrastructure sector projects. In recent years, MBL has executed and commenced a number of praiseworthy projects in 14 states of India. The Company has successfully completed the execution of the BOT project of 114 km long Seoni – Balaghat – Gondia State Highway (Madhya Pradesh), which is operational since February, 2008.

MBL_Infra

Kumar Share Brokers – a brokerage firm sold 222,046 shares or 0.54%


Suryalakshmi Cotton Mills

Suryalakshmi Cotton is one of India’s leading integrated premium yarns to denim to garment manufacturing company with over five decades of market leadership. Since the past two decades, it has become the Original Denim Manufacturers (ODM) to leading global and domestic brands with a dominant market share in the premium denim sector.

The presence across the entire spectrum of the value chain, right from manufacturing of yarn to denim cloth to garmenting has provided the company with a crucial competitive advantage.

Suryalakshmi_Cotton_Mills

Savla Shailesh Mulchand – an individual investor sold 94,855 shares or 0.58%


Check out the Deal Flow for the other days:

Deal Flow – 16/03: Maverick Commodity Brokers buy a small stake in Geometric

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

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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.