Deal flow for today shows lack of Big Deals. Individual Investor purchased a small stake in Deep Industries which has received Notification of Award for Hiring of Gas Dehydration System at ONGC and Savla Shailesh sold a small stake in Suryalakshmi Cotton Mills – a leading premium yarns to denim to garment manufacturer. 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 . Deep Industries Deep Industries Limited has been serving the industry in various segments with the foremost being providing Air & Natural Gas Compressor Services on chartered hire basis. Deep Industries Limited successfully forayed itself in Exploration and Production segment and having various Onshore Oil and Natural Gas blocks, Coal Bed Methane Blocks awarded under different rounds of NELP and CBM bidding.… (Read On…)
[via Capital Mind]
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