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The Baseline
27 Aug 2020
Five Interesting Stocks Today

1. HDFC Bank: Executive Director Kaizad Bharucha has sold 100,000 shares of the bank through a market sale. 

2. Dixon Technologies: Consumer electronics company Dixon Technologies hit an all time high today in share price, and closed 3.2% up on high volumes.

3. Va Tech Wabag: This water treatment company has raised Rs. 120 crore from high networth investors including Rekha Jhunjhunwala, the wife of Rakesh Jhunjhunwala via a preferential issue at Rs. 160 per share, a 42% discount from the current price. Rekha Jhunjhunwala invested Rs. 80 crore for 50 lakh shares. 

4. Dhanuka Agritech: This agro-chemical company’s board has approved the buy-back of shares worth Rs. 100 crore  at a max price of Rs. 1000 per share. This equity will be extinguished and the paid-up share capital will be reduced.

5. Ramco SystemsThis Chennai-based company saw a bulk buy of shares by HDFC Mutual Fund. Back in June when it was trading at Rs. 80, Vijay Kedia picked up 3,39,843 shares in the software company.

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