NEW DELHI: Nifty futures on the Singapore Exchange were trading 7 points, or 0.06 per cent, higher at 11,955, indicating a flat start for Dalal Street. Here are a few stocks which may buzz the most in today’s trade:
IndiaMART InterMESH: The provider of India’s largest online B2B marketplace for business products and services will make market debut today. The Rs 475-crore IPO was subscribed 36.21 times.
Zee Entertainment: US cable major Comcast, which owns NBCUniversal, and Atairos, a $4-billion investment company led by former Comcast CFO Michael Angelakis, is looking to team up with PE fund Blackstone and James Murdoch’s family office Lupa Systems to bid for Zee Entertainment Enterprises (ZEE), said people in the know.
Wockhardt: Buyout funds Apax Partners, Blackstone, Carlyle and KKR are in talks with Wockhardt, one of India’s oldest drug makers, to acquire a substantial stake in its domestic formulations business, said people aware of the discussions.
DHFL: Lenders to the troubled non-bank lender Dewan Housing Finance Corporation (DHFL) are considering appointing investment bank SBI Capital Markets as advisors as they look to restructure loans to bail out the company.
Uniply Industries: Leading integrated architectural, design and build turn-key solutions provider Uniply Industries on Wednesday announced signing of an agreement with Kuwait-based Markab Capital WLL under which the latter would acquire a controlling stake in the company.
Welspun India: A US court has granted preliminary approval to a $36-million settlement agreement initiated by textile company Welspun India to resolve all legal claims made against it by US client Target Corp for alleged use of substandard material.
Aurobindo Pharma: The US Food and Drug Administration (FDA) has pulled up Aurobindo Pharma for 'repeated' violations in current good manufacturing practice (CGMP) at three of its plants in manufacturing certain active pharmaceutical ingredients (API) and intermediates.
Mandhana Industries: Lenders to Mandhana Industries have moved the bankruptcy court to cancel US-based Formation Textiles' approved proposal to acquire the local textile and apparel maker, as it failed to meet the terms of the pact as per the agreed upon timeline, two people aware of the development said.
GAIL: The downstream regulator has rejected GAIL’s plea seeking to recover from its customers the compensation it paid to victims of 2014 pipeline fire that killed 29 in Andhra Pradesh.
Vedanta: The company said it will invest $245 million for finding oil and natural gas over the next 3-4 years in the 10 areas it won in the latest licensing round. The firm won 10 blocks - 7 onshore and 3 offshore, in the Open Acreage Licensing Policy (OALP) Round-II and III, winners of which were announced on Tuesday.
Insider Buys:
- BIRLASOFT LIMITED: National Engineering Industries Limited has bought 13,707,189 shares through Off Market on Jun 27, 2019.
- Indiabulls Ventures Limited: Amit Kumar Gupta has bought 63,250 shares through Market Purchase on Jun 28, 2019.
- Indian Terrain Fashions Limited: Charath Narsimhan has bought 20,000 shares through Market Purchase on Jun 28, 2019.
- JK Lakshmi Cement Limited: Bharat Hari Singhania has bought 26,100 shares through Market Purchase on Jun 28, 2019.
- JK Lakshmi Cement Limited: Raghupati Singhania has bought 94,000 shares through Market Purchase on Jun 28, 2019.
- JK Lakshmi Cement Limited: Vinita Singhania has bought 78,300 shares through Market Purchase on Jun 28, 2019.
- JK Lakshmi Cement Limited: Harsh Pati Singhania has bought 39,100 shares through Market Purchase on Jun 28, 2019.
- JK Lakshmi Cement Limited: Vikrampati Singhania has bought 39,100 shares through Market Purchase on Jun 28, 2019.
- Mangalore Chemicals & Fertilizers Limited: Akshay Poddar has bought 80,000 shares through Market Purchase on May 22, 2019.
- Shriram Transport Finance Company Limited: Shriram Financial Ventures (Chennai) Private Limited has bought 37,519 shares through Market Purchase on Jun 28, 2019.
- Shriram Transport Finance Company Limited: Shriramcapitallimited has bought 331,924 shares through Market Purchase on Jun 28, 2019.
Insider Sells:
- Aarti Industries Limited: Chandrakant Vallabhaji Gogri has sold 121,000 shares through Market Sale on Jun 27, 2019.
- BIRLASOFT LIMITED: Ms. Aupama Patil has sold 122,330 shares through Inter-se-Transfer on Jun 27, 2019.
- BIRLASOFT LIMITED: Mr. Kishor Patil has sold 181,800 shares through Inter-se-Transfer on Jun 27, 2019.
- Future Consumer Limited: Manoj Gagvani has sold 104,000 shares through Market Sale on Jun 28, 2019.
- Indiabulls Housing Finance Limited: Harshil Suvarnkar has sold 20,000 shares through Market Sale on Jun 26, 2019.
- Indiabulls Real Estate Limited: Gurbans Singh has sold 25,000 shares through Market Sale on Jun 27, 2019.
- Indiabulls Real Estate Limited: Manish Wakade has sold 60,600 shares through Market Sale from Jun 27, 2019 to Jun 28, 2019.
- Indiabulls Real Estate Limited: Sudhir Khullar has sold 40,000 shares through Market Sale on Jun 28, 2019.
- ITC Limited: B.V. Narasimham has sold 15,000 shares through Market Sale on Jun 28, 2019.
- ITC Limited: C.V. Sarma has sold 70,000 shares through Market Sale on Jun 28, 2019.
- ITC Limited: S K Bose has sold 19,000 shares through Market Sale on Jun 28, 2019.
- JK Lakshmi Cement Limited: Bengal & Assam Company Ltd. has sold 325,000 shares through Market Sale on Jun 28, 2019.
- JSW Steel Limited: Beaufield Holdings Limited has sold 315,500 shares through Market Sale on Jun 12, 2019.
- Mahamaya Steel Industries Limited: Ramanand Agrawal Huf has sold 19,257 shares through Market Sale on Jun 28, 2019.
- NEL Holdings Limited: Bolgati Enterprises Private Limited has sold 4,190,128 shares through Off Market from Jun 26, 2019 to Jun 29, 2019.
- Syngene International Limited: Biocon Ltd. Employee Welfare Trust has sold 812,249 shares through Market Sale on Jun 28, 2019.
- Vikas Multicorp Limited: Vikas Garg has sold 1,000,000 shares through Market Sale on Jun 26, 2019.
Note: Disclosure made under Reg 13(4), 13(4a) of SEBI (IT) regulations 1992.
Bulk and Block Deals :
| Blg Tickers |
Date |
Company Name |
Acquirer/Seller |
Buy /Sell |
Qty Traded |
Price |
| AIRAN |
03-Jul-19 |
Airan Limited |
Global Trading And Investment |
Buy |
1,314,339 |
24.22 |
| AIRAN |
03-Jul-19 |
Airan Limited |
Fortune Investment |
Sell |
1,457,500 |
24.22 |
| EROS |
03-Jul-19 |
Eros International Media Limited |
Missouri Local Government Employees Retirement System |
Sell |
567,473 |
18.46 |
| EROS |
03-Jul-19 |
Eros International Media Limited |
Chetan Rasiklal Shah |
Sell |
393,208 |
18.19 |
| EROS |
03-Jul-19 |
Eros International Media Limited |
Ashwin Stocks And Investment Private Limited |
Sell |
225,000 |
17.73 |
| JUST |
03-Jul-19 |
Just Dial Limited |
Crossland Trading Co |
Sell |
13,215 |
782.81 |
| SIDDH |
03-Jul-19 |
Siddharth Education Services Limited |
Prathamesh Ramchandra More |
Buy |
124,000 |
29.40 |
| SIDDH |
03-Jul-19 |
Siddharth Education Services Limited |
Reena Vinay Bhagwat |
Sell |
124,000 |
29.40 |
| TFCI |
03-Jul-19 |
Tourism Finance Corporation of India Ltd |
Rajasthan Global Securities Pvt Ltd |
Sell |
479,172 |
89.56 |
| TFCI |
03-Jul-19 |
Tourism Finance Corporation of India Ltd |
Vivek Mundra |
Sell |
627,543 |
87.32 |
Edelweiss Alternative Research