Bulk Deals Log

Hi Value Pickr

Back with the bulk deals log here.

Had a bad migraine problem for the last few days so had to give the log a skip for longer than I had imagined earlier. However we are back to trying to be consistent again

On the few issues that were not addressed earlier, so Narmada Agrobase saw an entry by Akash Dhiman on 3rd of December, here is a log of his other activity in the stock.

Essentially the exit quantity was smaller and it was at a lower price as compared to the buying quantity so nothing suspicious here really.

We’ll get back to the log from here.

7th Bulk Deals Log

Date: 8th December, 2023

NSE Links: Bulk-Deals-02-12-2023-to-09-12-2023 – Google Sheets

1. Akshar Spintex

It has seen many entries and counter entries in the last few days, is in the cotton trading business. The business description on screener talks about how the company has said it wants to move into value added products. Can be interesting to watch out for this company.

2. Cantabil Retail

We have covered this business earlier and seeing more traction is very heartening. Does deserve more contribution on the valuepickr forum.

Investor who entered: BOFA Securities Europe SA

Quantity: 465,978

Entry Price: 263

3. Net Avenue Technologies

The company is involved in an interesting space, the financials don’t look as good and it is a recent IPO so be a little careful here.

Investor who entered: Ashok Ramchandra Mittal

Quantity: 2L

Entry Price: 41.58

4. Marine Trans India:

Too much buying action in the company. Looks like something interesting is brewing here. It is again a recent IPO, but more importantly perhaps the Ports Industry in India is seeing a lot of traction because its geopolitical significance is being better understood by policy makers. Do check out the company.

5. Mangalam Worldwide Limited:

The volumes in the stock give a lot of confidence to me. The company’s investor presentation which I think was released for the first time also looks interesting. This company definitely deserves your attention.

Investor who entered: Parilay Global Enterprises

Quantity: 1,32,000

Entry Price: 111

Finally for some fun, there is a very interesting name in the shareholders list of DP Wires who also executed a trade on Friday, have a look for yourself:

Yeah market had already priced it in, so no movements today. I guess, it will only be revenue growth which will move it further considering the current high PE it is in

The below article gives a nice preview about data centre business and companies engaged in different aspects of data centre business. As per Tijori finance, this year planned Capex of 14000 Cr is flowing to Data centre business in India.

Real Estate Companies like Godrej Properties, Anant Raj , Ahluwalia Contracts , L&T etc is into DC business so is Electrical EPC companies like Techno Electric as also the biggies like Adani is into DC .

A report on red flags in Shakti Pumps on twitter by well known handle – https://twitter.com/nrmangal/status/1734182592617017770

Edit: the analysis was done in 2019

Microsoft Word – Disclosure for Asset Acquisition (nseindia.com)

On Market cap of 74.2 cr and share warrant conversion amount of 24.4 cr, the company acquires a foreign business for 32 cr.

The subsidiary itself was incorporated on 14th July, 2023
Source:(FELIX_19072023145246_DisclosureUnderRegulation30.pdf (nseindia.com)

Will it be feasible?