
-
Dixon Technologies: On December 1, insiders disposed of over 6,700 shares in this consumer electronics company for Rs. 7.6 crores via 33 market sales. This includes 1,000 shares disposed of by the promoter. In November, a total of 1.2 lakh shares were disposed for Rs. 115.4 crores via 71 market sales by insiders including promoters and key management personnel.
-
Bandhan Bank: This bank is catching mutual funds’ attention again. Between February to July 2020, mutuals dumped over 3 crore shares in the company, but since then have picked up 5.2 crore shares. At the end of Q2, mutual funds held a 4.9% stake in the company, up from 1.7% in Q1.
-
Gujarat Industries Power Company: This power generation PSU’s price has jumped up by 17.8% since the beginning of November and is 6.5% off its 52-week high. However, with a trailing 12-month PE of 5.5 against an average PE of 7.4, it remains in the ‘buy-zone'.
-
V Mart Retail: This hypermart’s promoter group, holding a 1% stake in the company, has resumed disposal of its holding. Recently, it disposed 25,000 shares worth Rs. 5.7 crores via a market sale. In September, the promoter group disposed 57,000 shares worth Rs. 11.4 crores via two market sales.
-
Godfrey Phillips India: This tobacco company’s promoter group is back to reacquiring its equity. On December 2, it acquired 50,000 shares at Rs. 4.5 crores via a market purchase. In less than three months, the promoter group acquired 1.2 lakh shares worth Rs. 11.3 crores via 12 market purchases.