Hat Tip: D Shah
Source: NCLT Order of the Ahmedabad Bench
Categories
Category: Observations
Categories
Babus Prefer Buybacks
On 18th Sept 2018, KIOCL Ltd. announced a buyback of it’s shares @ 170 Rs/share
What is amusing is that the Govt of India owns 99% of the Company !
So even the Govt prefers buybacks to dividends.
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HDFC AMC: Insiders know best
Today HDFC AMC shares are getting hammered due to SEBI’s decision to cut Mutual Fund management fees.
What is interesting is that the employees probably knew this was coming and sold well in advance.
HDFC AMC saw huge subscription in its IPO
STOCK MOVE
+50% from issue price
-17% from peakSome employees (including Fund Managers) have been bookin profits in D open mkt
Total shares sold in open mkt
=Only 0.3% of total shares
But 2% of total free floatin stock@CNBCTV18Live pic.twitter.com/3mKv5th63u— Nigel D'Souza (@Nigel__DSouza) September 17, 2018
Source: Antique Research
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Federal Bank: Margin Call
Source: Stock Exchange Filings of Federal Bank
