Savvy and big-ticket investors are laying siege on the RS Software counter. At the rate at which the savvy investors are gobbling up RS Software’s stock, there will soon be nothing left for us if we don’t act fast.
Have you read Jesse Livermore’s classic bestseller “Reminiscences of a Stock Operator“?
Dolly Khanna, our favourite stock wizard was, as usual, first in queue. She was the first to spot the opportunity in RS Software as far back as December 2012. She quietly scooped up a chunk of 1,91,723 shares when the stock was languishing at Rs. 173. Nobody even noticed. Thereafter, she has been systematically buying the stock. You can tell Dolly’s confidence level in the stock by the fact that she has more than doubled her holdings to 420,787 shares.
A number of other heavy-duty investors have also shown deep interest in RS Software.
Barclays Wealth Trustees is the largest shareholder with 574,320 shares. Orange Mauritius Investments LP and SLG International Opportunities LP are right behind it with a holding of 218,771 and 192,100 shares. Sunil Singhania’s Reliance Capital holds 401,850 shares. In fact, Sunil Singhania bought a chunk of 70,000 shares for Reliance Capital as late as 10th July 2014 by paying Rs. 325 a piece.
Now, Vijay Aggrawal has joined the elite list of large shareholders of RS Software. On Monday, 11th August, he stormed the counter and grabbed a massive chunk of 90,000 shares at Rs. 437 each without even batting an eyelid. The fact that the stock has surged 40% in a month and 147% in 3 months didn’t bother him one little bit.
Savvy investors don’t show such confidence in a stock unless they know for sure that something good’s going on.
The important point is that it is not only the savvy investors but even a few analysts have started showing interest in the stock.
Sunidhi Securities, FirstCall Research and HDFC Securities have issued elaborate research reports in which they have analyzed RS Software threadbare and recommended a buy. Even the redoubtable Vineeta Mahnot, who has a long list of multi-baggers to her credit, has come out strongly in favour of RS Software.
Personally, I don’t think we can afford to just stand around like mere spectators while the savvy investors take home the cream. We need to stake our claim to the stock by urgently starting a SIP, if we haven’t already done so.
very soon everybody will to buy marksans pharma
Marksans pharma recommended in a blog named Value-pick.blospot @ just Rs.4 and now he requested to book profit
I have not convinced fully with management credentials. The big wigs may buy but retail investors are to be cautious. This stock is suitable for only high risk takers.
sir, which stock is risk proof? Management has increased dividends steadily every quarter, more to come, patience is the key, rs software i believe will be the multibagger of 2014, by december 1000rs plus
There is news/tip/rumour currently circulating that PN Vijay Stock Pick Zylog Crumbles.
Do not understand why everybody is after R S Software.
Who knows these so called savvy investors are already into the scrip much before it is announced at a much lower price and these news are circulated just to pump up the price.
sir, what rumours are you talking about, if you are not invested does it mean the company /management is not good enough for investing?
The dolly khanna’s magic wand surged rs software 17% today…….:):)
No body has a magic wand. Investors should be careful and study the fundamentals.:rk
RS Software has been mentioned in the money life magazine when its market price were around 67Rs. This was missed by me.
But as per the title. you did not let us know who is Vijay Aggarwal who took truck load of rs software? Did you forget to write about him while talking more on dolly and others ??
kp, yes i agree too, who is this guy, i firmly believe many more big ticket mutual funds, HNI’S and FIIS are yet to ride the RSS horse…just wait and see good news after good news
i believe in holding good stocks for long term, rs software is a dark horse which should be held for long term, keep an sip and add it, mobile payment has a long way to go, VISA has opened a new office in bangalore now….rs software is the next generation stock. Its a trillion dollar industry and just the beginning…
the next wave is the IT wave, rs software for long term will be above 1000rs