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.
Some stuff I am reading today morning:
RBI denies extension to Rana Kapoor (Mint)
BSE,NSE get SEBI clearance for Commodity Derivatives (MC)
Birla’s More Chain goes to Amazon, Samara (Digital FC)
Banks don’t want to lend for road projects (BQ)
Don’t rush to buy PSBs (Rediff)
Investor Profile: Prabhakar Kudva (ET)
Company Profile: VIP Industries (Fortune)
Turbulent times for Indian Aviation (FE)
IT Dept conducts survey operations on Jet Airways (BS)
What does speculation look like (Howard Lindzon)
This post is in continuation of my coat tailing series (see here)
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Hiten Anantrai Sheth is a well known investor in the Indian Equity Markets
His significant portfolio holdings as on 30 June,2018 as per stock exchanges is as given below:
Company Name | NSE Symbol/BSE Code | Entity | Value (In Crores) |
Asahi India Glass Ltd | ASAHIINDIA | HITEN ANANTRAI SHETH | 199.2 |
Finolex Industries Ltd | FINPIPE | HITEN ANANTRAI SHETH | 83.7 |
Rane Engine Valve Ltd | RANEENGINE | HITEN ANANTRAI SHETH | 6.11 |
The Hi-Tech Gears Ltd | HITECHGEAR | HITEN ANANTRAI SHETH | 13.65 |