- Wealth PMS
We bring you the “Big Deals” for today. A summary of the most important Bulk and Block Deals.
The Company is engaged in the manufacturing of sanitary wares, faucets, shower range – wellness, kitchen sinks, mirrors and personal care products. Its sanitary wares categories include wash basins, urinals, cisterns, seat covers, sensor and bath accessories. Its faucets categories include ruby, opal, topaz, chesley, quartet, titanium, carbon and platinum. The Company has Tiles and Power unit as other two segments, Tiles includes Wall and floor and Floor tiles.
Private equity (PE) firm WestBridge Capital, through its unit Jwalamukhi Investment Holdings which held 573,471 shares or 4.41% sold 240,000 shares or 1.85% today.
With this sale, its reduced stake now stands at 333,471 shares or 2.56%.
WestBridge Capital is a highly experienced investment firm, managing over $1.2 billion of capital, which focuses on investments in India. WestBridge was co-founded by KP Balaraj, Sumir Chadha, SK Jain and Sandeep Singhal. The same team of four also co-founded Sequoia Capital India.
Simran Farms Limited engages in the parent poultry breeding activities. The company operates parent poultry breeding farms near Indore in Madhya Pradesh, as well as commercial broiler farms in Madhya Pradesh, Chhattisgarh, Gujarat, and Maharashtra.
Ace Investor Porinju Veliyath of PMS Equity Intelligence who held 40,000 shares or 1.05% as of June, 2016 exited the stock with complete stake sale at Rs. 51.38/- per share.
He was one of the Top 10 Shareholders in the company. Here is a snippet of his trading in this stock.
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