Deal flow for today shows that Goldman Sachs India Fund has sold a huge stake in Crompton Greaves after the company announced demerger of its business, L&T Mutual Fund purchased stake in Dwarikesh Sugar Industries – a first time investment and Shilpa Porinju Veliyath buys stake in Tera Software. Note: In Deal Flow, we summarize Bulk and Block Deals. A Bulk Deal is a trade where total quantity bought or sold is more than 0.5% of the number of equity shares of the company. A trade, with a minimum quantity of 5,00,000 shares or minimum value of Rs.5 crore executed through a single transaction on this separate window of the stock exchange will constitute a Block Deal . Crompton Greaves Crompton Greaves is an Indian multinational company engaged in design, manufacturing, and marketing of products related to power generation, transmission, and distribution based in Mumbai. It is part of Avantha Group.… (Read On…)
[via Capital Mind]
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