@rsk thanks for sharing that Ashish Kacholia has bought into it. Surely, a gem to hold. I think as it’s a “BULK” deal not a “BLOCK” deal, it’d been in open market only. Double counting would be incorrect as the sold units would be purchased. Essentially, this bulk trade would represent 65% of today’s open market trade.
132.2. Logij Kumar| Link| Bookmark|
October 9, 2023 10:02:53 PM
Top Contributor (300+ Posts, 100+ Likes)
Your calculation seems wrong. Sell and buy are different legs of same trade and would be counted one time. For example, If X sells 2000 shares to Y. The volume will be 2000 and not 4000. X sold 2000 shares and Y bought 2000 shares. As previously indicated by me, Saakshi would perform well in future, be it Kacholia or not. Kacholia factor will however make it a fancy script. (Disclaimer:- holding 1 lot from pre-open for long).
Sir can you please tell when preopen session begins?? I was placing buy order from 9:45 to 9:59 (in SBICAP app) but the order was getting rejected. It accepted order at 10:00am but then stock hit UC
On the contrary, in my view, it is a good sign that only one flipper has bought through the only bulk deal of 3.12lacs shares out of 17.18lacs shares that traded today. I see it is as fewer "flippers" and hence, more fundamental buyers buying and perhaps holding for longer than a flipper. The flipper may still cause a sudden influx by selling tomorrow or day after, but post the blip, it is likely to gain and hold ground as it seems a fundamentally good stock to hold. Let's see how it pans out in the next few days.
125.2. Logij Kumar| Link| Bookmark|
October 3, 2023 10:43:03 PM
Top Contributor (300+ Posts, 100+ Likes)
@Kapz Rightly said. People may get opportunity to buy tomorrow also at good price. There may be selling pressure at sometime tomorrow. Real test will be not of today's buyer, but IPO allottees who did not sell today at UC but may sell tomorrow at LC after becoming impatient.
That is generally applicable (from mainboard experience) only when a share is put under surveillance. A share is put under surveillance based on criteria such as successive UCs or concentrated trading.
This is a very good company with awesome technocrat promoters. Who seems very genuine... does lot of charity and NGO affiliated work. Recently GM - sales of Schneider Electric met with the team in the office to discuss synergies about sustainability solutions. Schneider Electric is not thier in the client list yet.. seems like good announcement will follow.
Strong tailwinds in the medical products division and renewable energy with govt push and PLI.
120.3. Kapz| Link| Bookmark|
October 4, 2023 11:12:09 AM
IPO Mentor (600+ Posts, 200+ Likes)
@DSR all valid points, thanks for sharing about meeting with Schneider. I think it’ll hit your third target just before they announce the half year results, and will likely surpass after that.