- Wealth PMS
We bring you the “Big Deals” for today. A summary of the most important Bulk and Block Deals.
Murudeshwar Ceramics – a Small Cap manufacturer of ceramic and vitrified tiles. The Company’s products are branded as Naveen Ceramic Tiles and Naveen Diamotile. It offers products including wall, cegres durapave and somerset wooden tiles. The company is due to announce the Q2 Results in 8 days (27-Oct-2016).
Largely dependent on Indian Real estate Development – Ceramic and Vitrified is the major input only in building and construction. The company hopes to cash in from the Housing for all project and smart city project of the Central Government by 2022 as the government looks to fulfil the shortage of over 18 million housing units.
Ricky Ishwardas Kirpalani aka Big Whale – cut stake by 65,955 shares or 0.17%. This is one of his long term held stock for over 3 years now. This brings his new holding down to 13 lakh shares or 3.18%.
A well-known Investor in the Indian Equity Markets. Ricky Ishwardas Kirpalani is one of the Investor Billionaires who has made it big by only investing in companies. His most notable holding is in Nalwal Sons Investments (It’s the company from one of the largest group in India and the core investment company that holds stocks like JSW Steel, Jindal Steel and Power Limited (JSPL), JSW Energy, Jindal Saw, among others).
Holdings: Analyst and family do not own positions of the stocks listed above. Please assume we are biased.