Skip to main content

Ascent Investment Holdings Sold 10.45% stake in Amber Enterprises; promoter offloads 5% in Max Healthcare

 WF Asian Reconnaissance Fund and Smallcap World Fund bought 77 lakh and 2,37,77,803 shares, respectively, in Max Healthcare at Rs 110.70 per share

Ascent Investment Holdings sold 10.45 percent equity stake in Amber Enterprises, the market leader in room air conditioners via open market transactions on September 11.

It sold 9,86,646 equity shares in Amber at Rs 1,837.78 per share and 23,02,173 shares at Rs 1,835.14 per share, bulk deals data available on the National Stock Exchange (NSE) showed.

As a result, its shareholding in Amber has fallen to 10.47 percent now from 20.92 percent held on June 30.

Promoter Kartar Singh sold 275,000 equity shares in Amber (representing 0.87 percent of its total paid-up equity) at Rs 1,841.33 per share on the NSE. He held 2.25 percent stake in company as of June 30.

Vittoria Fund - OC and Oxbow Master Fund acquired 1,62,171 and 4,18,075 equity shares, respectively, in Amber at Rs 1,835.03 per share. Newport Asia Partners Fund and Newport Asia Institutional Fund bought 1,73,979 and 2,21,857 shares, respectively, at Rs 1,839.48 per share.



Among others deals, Yogeshkumar C Patel sold 2,28,964 shares in Jiya Eco-Products at Rs 8.89 per share and Gretex Share Broking sold 2 lakh shares in Suumaya Lifestyle at Rs 31 per share on the NSE.

On the BSE, promoter entities sold total 5.14 percent equity stake in Max Healthcare Institute via open market transactions on September 11.

Promoter Analjit Singh sold 58,18,021 shares in company (i.e. his entire shareholding representing 0.64 percent of its total paid-up equity) at Rs 110.70 per share. Max Ventures Investment Holdings too sold 4,07,50,158 shares at the same rate. It held 10,26,31,287 equity shares (or 11.35 percent of its total paid-up equity) as of June 30.

WF Asian Reconnaissance Fund and Smallcap World Fund bought 77 lakh and 2,37,77,803 shares, respectively, in Max Healthcare at Rs 110.70 per share.

Comments

Popular posts from this blog

Reliance Jio Q3 results: Profit grows to Rs 3,489 crore; ARPU rises to Rs 151

  The average revenue per user (ARPU) during the quarter came at Rs 151 per subscriber per month as against Rs 145 per subscriber per month in the September quarter. Reliance Jio, the telecommunications arm of Jio Platforms, on January 22 posted a net profit of Rs 3,489 crore for the quarter ended December 31, 2020. The profit was higher than the street expectations as analysts in a CNBC-TV18 poll had estimated the number at Rs 3,200 crore. Jio's net profit grew 15.5 percent QoQ as in the September quarter of FY21, its profit was Rs 3,020 crore. The average revenue per user (ARPU) during the quarter came at Rs 151 per subscriber per month as against Rs 145 per subscriber per month in the September quarter. A CNBC-TV18 poll had estimated ARPU at Rs 148.2. Revenue, including access revenues for the quarter, was Rs 22,858 crore ($3.1 billion), up 5.3 percent QoQ. A CNBC-TV18 poll had estimated revenue to the tune of Rs 18,165 crore. EBITDA for the quarter stood at Rs 8,483 crore ...

Ashoka Buildcon share price up 4% on bagging 2 NHAI projects

The share touched its 52-week high Rs 127.90 and 52-week low Rs 37.00 on 23 September, 2019 and 03 April, 2020, respectively. Ashoka Buildcon share price added over 4 percent in early trade on September 8 after the company emerged as the lowest bidder (L-1) for the two NHAI projects. The aggregate quoted value of the projects is Rs 1,390 crore. The company had submitted bids to National Highway Authority of India (NHAI) for the project of four laning of Arra h to Pararia section of NH-319(Old NH-30) in the State of Bihar under Bharatmala pariyojana Phase -1 on EPC Mode (Package-I) and Four laning of Pararia to Mohania section of NH-319(Old NH-30) in Bihar under Bharatmala Pariyojana Phase-I on EPC Mode (Package II). At 09:23 hrs Ashoka Buildcon was quoting at Rs 70.60, up Rs 2.40, or 3.52 percent on the BSE. The share touched its 52-week high Rs 127.90 and 52-week low Rs 37.00 on 23 September, 2019 and 03 April, 2020, respectively. Currently, it is trading 44.8 percen...

Futures Trade | A bullish breakout of a flag pattern in HDFC

HDFC is moving in an uptrend with a minor corrective decline. The range is classified as a flag and a breakout of falling minor trendline confirms a possible upside. HDFC is moving in an uptrend with a minor corrective decline from Nov 20 highs. The decline is on lower, contracting volumes and suggests a correction within an ongoing trend. The range-bound action can also be classified as a flag as it is on coming off a sharp rally. A breakout of falling minor trendline confirms a possible upside. Buy around Rs 2300-2310. Keep a stop below Rs 2250 and hold for a target of Rs 2400 and above that to Rs 2450.