Three stocks were in focus today – Amtek Auto, South Indian Bank and Fortis Healthcare.
Birla Sun Life Mutual Fund bought a million shares of Amtek Auto @ Rs. 180/-. The fund had bought close to 2.5 million shares in the auto components company in March 2010.
Morgan Stanley bought a little more than 1.6 million shares of South Indian Bank @ Rs. 173.50/-. Morgan Stanley already holds 1.5 million shares in the kerala-based bank.
Trinity Capital cut stake in Fortis Healthcare. The UK-based fund sold over five million shares of the company at an average price of Rs. 160/-. As per information on the website of Trikona Trinity Capital PLC (http://www.trinityplc.com), the scheduled exit from Fortis Healthcare was meant to take place in Sept 2010.
About Me
- Manish Tulsian
- Manish graduated from Panjab University with a degree in Commerce and followed it up with an MBA from the ICFAI Business School, Mumbai. He has worked for over 10 years in equity research positions analyzing Global markets and businesses for international brokers, private equity firms, and asset management companies. Manish lives and works in Mumbai; he can be reached at mtulsian@gmail.com.
No comments:
Post a Comment