- Wealth PMS
Here is the “Deal Flow (Summary of Bulk & Block Deals)” of the data that is revealed in the markets. This has been collated and curated to make trade-able sense.
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.
After a 2 days of battering and bruising, Lincoln Pharma made it into the green. The stock touched its all-time low only to close points in the green.
Tirupati Trade & Finance Company accepted a delivery of 83,723 shares after selling 10,000 shares at a quick profit of over a lakh and half. This constitutes a holding of 0.51%.
This is not the first time that Tirupati Trade & Finance Company have traded the stock. The firm sold 208,316 shares or 1.28% when the stock was at Rs. 268.05/- on the 5-Jan-16.
The company is involved in the manufacturing of injection molded containers for lubes, paints, food and other products.
MTPL has seven processing plants and three stock points spread across India with an injection molding capacity of around 20,000 TPA.
Kitara India Micro Cap Growth Fund – A Mauritius based Fund (Registered FII) of Kitara Capital purchased 143,478 shares or 1.03% valuing the deal at Rs. 401 lakhs.
The company recently received the Certificate of formation, Industrial Licence Share Certificate from Ras Al Khaimah Free Trade Zone (RAK FTZ) . Basically the company has been incorporated in the Ras Al Khaimah Free Trade Zone as a Free Zone Establishment (A tax-free investment environment). The commercial production from this facility would kick off by May/June 2016.