A rights arb I recently concluded : -
Add-shop-retail issue :- The co. gave rights in 1:1 ratio for Rs. 54 whn mkt share price was 90. Now, the interesting part here is that promoters mentioned not to participate unless there’s undersubscripn. I applied and got extra shares in ratio of almost 1:10. Sold off arnd Rs. 71. So theoretically almost 170-20 = 50 rs. profit per lot.
A rights arb I recently concluded : -
Add-shop-retail issue :- The co. gave rights in 1:1 ratio for Rs. 54 whn mkt share price was 90. Now, the interesting part here is that promoters mentioned not to participate unless there’s undersubscripn. I applied and got extra shares in ratio of almost 1:10. Sold off arnd Rs. 71. So theoretically almost 170-20 = 50 rs. profit per lot.
Blackrock exited at a healthy profit and wanted to share a part of the profit with a few key employees, as a thank you gesture. Its not a negative or a positive for the stock and probably doesn’t impact price action at all. This is my understanding.
Blackrock exited at a healthy profit and wanted to share a part of the profit with a few key employees, as a thank you gesture. Its not a negative or a positive for the stock and probably doesn’t impact price action at all. This is my understanding.
Sharing top 10 stocks with high allocation
Kotak Mahindra , Avenue Supermart, TCS, Relaxo Footwear, Bajaj Finance, Hindustan Unilever, Whirlpool, HDFC life , CAMS, Pidilite
Sharing top 10 stocks with high allocation
Kotak Mahindra , Avenue Supermart, TCS, Relaxo Footwear, Bajaj Finance, Hindustan Unilever, Whirlpool, HDFC life , CAMS, Pidilite
I came here to find out if someone knows the answer. I suspect this has something to do with Blackrock.
I came here to find out if someone knows the answer. I suspect this has something to do with Blackrock.
