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Stocks

Fiem Industries, IndusInd, Mcleod Russel & Talwalkars witness deals

Deal flow for today shows:

  • Gagandeep Credit Capital owned by Big Whale Anuj Anathraj Sheth sold shares of Super Sales India which was subsequently purchased by Lakshmi Machine Works
  • Woodside Parks – a FII continues to buy shares of Mcleod Russel India
  • Hinduja Group owned Ashok Leyland sold shares of IndusInd Bank
  • Saif India V – a FII purchased stake in Fiem Industries

Deal_Flow_28_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.

Arcotech

The company has established itself as one of the leading Non-Ferrous Engineering Industry mainly in Copper/Brass Strips and Foils in the Country by creating a niche in producing micro thin foils up to 0.035 mm. The company produces all Non-Ferrous alloys i.e. Copper, Brass, Phosphor Bronze, Nickel Silver, Nickel Brass, Cupro Nickel, Aluminium Bronze, Tin Bearing Copper and Silver Bearing Copper etc.

Arcotech Share Price

The Company’s manufacturing facility is in Industrial Growth Centre, Bawal which is conveniently located on the National Highway No. 8 and is only 60 kms from the Indira Gandhi International Airport at New Delhi.

Nihon Sales – a firm led by Suresh Kumar Sharma and Brij Bhushan Sharma purchased 240,709 shares or 1.14%. The stake was purchased from the promoters of the company Renu Saraf and Arvind Kumar Saraf. Their shareholding for the period ending December, 2015 stood at 523,769 shares or 2.49% and 772,485 or 3.68%.


Fiem Industries

Fiem Industries Share Price

The company is one of the leading manufacturers of automotive lighting & signaling equipments and rear view mirrors. Components for two and four wheeler ranging from rear view mirrors, head lamps, tail lamps, signalling lamp, roof lamps, wheel covers, warning triangle, complete rear fender assembly, frame assembly, mudguards, LED Display Panels and various sheet metal & plastic parts etc. FIEM has become a Tier 1 Supplier not only in India but also in Europe and USA.

Saif India V – a registered FII purchased 141,715 shares or 1.18%. This was sold by an individual Amon Panichkivalkosil.


Garnet International

The company is engaged in the business of infrastructure and finance. The Company has also entered into the mining sector and textile sector. The principal business activity of the Company includes trading in shares. Its segments include Shares and Securities, and Textile. Shares and Securities Segment consists of income from share trading, intra-day transaction, investments and dividend. Textile Segment consists of sales of garments and dyeing done on job work basis. The Company, through its subsidiary Sukartik Clothing Pvt Ltd, manufactures seamless garment.

Arch Finance sold 153,200 shares or 2.46%.


IndusInd Bank

IndusInd Bank Share Price

IndusInd Bank Limited is a Mumbai based Indian new generation bank established in 1994. The bank offers commercial, transactional and electronic banking products and services. IndusInd Bank was inaugurated in April 1994 by then Union Finance Minister Manmohan Singh. IndusInd Bank is the first among the new-generation private banks in India.

Hinduja Group which owns 9,721,117 shares or 1.84% sold 3,263,923 shares or 0.62%.


Mcleod Russel India

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 Russel India Share Price

Woodside Parks which has purchased 1586291 shares or 1.45% this month, made an additional purchase of 582,000 shares or 0.53% to bring its total shareholding to 1.98%

Woodside Parks Limited was incorporated in 1982 and is based in India. The company operates as a former subsidiary of Williamson Magor & Co. Limited. Williamson Magor & Co. are the promoters of the company.


National Peroxide

NPL is a pioneer in India for peroxygen chemicals and is the largest manufacturer of Hydrogen Peroxide in India, with an installed capacity of 95,000 MTPA on 50% w/w. basis. It’s fully integrated manufacturing site for Hydogen Peroxide is located at Kalyan in Maharashtra (India).

Hydrogen Peroxide is a highly versatile chemical used in various industries for Bleaching, Chemical synthesis, Environmental control/ Effluent treatment, Sterilisation etc. The single most important constituent of Hydrogen Peroxide is the “active oxygen” that it provides in the aforementioned end-uses.

Hridaynath Consultancy led by Vanraj Vinod Shah and Geeta Vanraj Shah purchased 55,000 shares or 0.96%.


Super Sales India

The main object of the company is to act as a selling agent for the machineries manufactured by LMW. Presently the Marketing division is acting as selling agent for Lakshmi Machine Works Limited, Elgi Electric and Industries Limited, Lakshmi Electric Drives Limited, Adwaith Lakshmi Industries Limited, Lakshmi Ring Travellers (Coimbatore) Limited and Lakshmi Caipo Industries Limited for their textile machineries, overhead travelling cleaners, high efficiency motors, bobbin holders, and slub yarn attachments.

Gagandeep Credit Capital owned by Big Whale Anuj Anathraj Sheth which owns 391,544 shares or 12.75% as of December, 2015 sold 150,000 shares or 4.88% to bring their shareholding down to 7.87%. This stake was purchased by Lakshmi Machine Works.


Talwalkars Better Value Fitness

Talwalkars Better Value Fitness Ltd, popularly known as Talwalkars, is India’s largest chain of health clubs. It has 152 Health Clubs across 80 cities in India on a consolidated ba
sis, with over 200,000 members.

Talwalkars Better Value Fitness Share Price

Geet Gotam Trading Corporation – purchased 154,622 shares or 0.52%.


Check out the Deal Flow for the other days:

Deal Flow – 23/03: Aditya Birla Nuvo, Gateway Distriparks, and United Breweries witness huge deals

Deal Flow – 22/03: Woodside Parks buys Stichting Depository APG stake in Mcleod Russel

Deal Flow – 21/03: SmallCap World Fund sells part of its stake in Tribhovandas Bhimji Zaveri to Vikram Kotak led Crest Capital & Investment

Deal Flow – 18/03: Smallcap World Fund buys a huge stake in Page Industries and Vanguard International buys into Marksans Pharma

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

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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.