We bring you the “Big Deals” for today. A summary of the most important Bulk and Block Deals.
Today’s Big Deals:
- Good Year India – Goldman Sachs Fund made fresh entry in the stock at Rs. 780/-. The holding now stands at 0.54%.
- McLeod Russel – Merrill Lynch which already held 2,048,203 shares or 1.87% as of June, 2016 – bought an additional 572,500 shares or 0.52%. This brings its new holding to 2,620,703 shares or 2.39%. Shares of McLeod closed at Rs. 178.75/- (+4.74%).
- Redington – Edelweiss Securities/ Dahlia Commodities purchased 1,319,094 shares or 3.48% from Morgan Stanley which held 26,290,429 shares or 6.58% as of June, 2016 and now stands at 13,919,094 shares or 3.48%. Shares of the company closed at Rs. 111.25 /- (+2.70%).
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.
Disclosure: The authors at Capital Mind have positions in the market and some of them may support or contradict the material given above, or may involve a direction derived from independent analysis.