Equitas is closely resembling the returns of Nifty i.e. when nifty up, Equitas up and vice versa. This is quite unusal for a recently listed stock as generally new stock gets very volatile in initial period and follows their own path before settling down.
sry.. I dint understand u NRI Investor. Are you purchasing and selling in derivative market???
1807. Earthking| Link| Bookmark|
April 26, 2016 4:20:12 PM
IPO Guru (1300+ Posts, 500+ Likes)
Dear Eagleye in your earlier post u mentioned Hs hold equitas till 10th may for price target of 160 .... Is it due to listing of ujjivan expected or quarterly results of equitas expected ? Belated Happy birthday wishes ...
Sir, what could be any future impact due to this? And date of acquisition is 21/04/16 I.e. listing date. Does it mean that the stck has already taken its impact?
1801.2. Septa| Link| Bookmark|
April 26, 2016 12:03:37 AM
(4000+ Posts, 4600+ Likes)
FT is one best vaule picker Eicher Motors is one such example.. Franklin Templeton had acquired the said number of shares in the company on 21 April, through its various schemes, by way of market acquisition. Masterstroke this just the start may not go all up one way but LT it will surely fly.
25/04/2016 Franklin Templeton Mutual Fund has submitted the disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 FT MF has acquired 137,00,000 shares of EHL (4.08%).
Also @BSE % of deliverable qty to traded qty. was 50.29% @NSE it was .. 55.21%
Can anyone pls help how to analyse these info.? Experts? Tnx
Sir..? Don''t call elme sir, Sir bht shareef sa lgta h.. :P Yr just kiding, I m new to this forum.. Just joined 5 days ago. Just gone thru some messages and got that U provide valuable info. regards Primary market.