Dear
@MRavichandran Sir, a Bulk deal comes when the overall traded volume of a person exceeds 0.5% equity of the company. Spectrum has 2.3Cr shares so the bulk deal will show only if the volume exceeds 1.15L shares.
I'm also adding Spectrum heavily and have good faith in it.
I tried to explore lot why its margin is a lot better than Teamlease and Quesscorp. I think they earn around 18Cr from USA and UK subsidiaries, around 50Cr from high margin IT/Pharma/Consulting Other staffing, and 20-30Cr from HR permanent Recruitment service. This 100Cr will be giving them a 10% margin equal to 10Cr and then they earn 2.5Cr from 210Cr of mobile export business due to export incentives and currency gain. Rest 7.5Cr they should have earned from 270Cr of General staffing business which is a low margin.
We can expect this trend to continue in Q4FY23 and the next few years. Is my analysis sound ok to you?