Synopsis: Smart money made an appearance in today’s bulk deals. Investors picked up stakes of up to 2% in small and micro-cap companies across sectors such as infrastructure equipment, toys, education, and IT. The deal sizes ranged from around Rs 2.6 crore to Rs 18 crore, so these stocks certainly drew some attention.
Smart money moved in today, buying and selling stakes in four separate small-cap stocks. The activity spanned sectors from infrastructure equipment and toys to education and IT services, so unsurprisingly, these stocks drew plenty of attention. Here’s a summary of the deals investors are focused on right now.
Apollo Techno Industries
Apollo Techno Industries, located in Gujarat, manufactures construction and drilling equipment for major infrastructure projects. Founded by Rashmikant Patel as part of the Apollo Group, the company has always promoted Made-in-India rigs and heavy machinery. Now, with the new generation leading the way, they are aiming to take their machines to the global market.
With a market capitalisation of Rs 180 crore, the shares of Apollo Techno Industries Ltd are currently trading at Rs 133 per share, up 1 percent from its previous day’s closing price of Rs 131.70 per share.
Everest Corporation acquired 2.73 lakh shares of Apollo Techno Industries, representing around 1.99 percent of the company’s paid-up equity. The shares were purchased at Rs 132.60 each, bringing the total transaction value to ~ Rs 3.6 crore.
K. V. Toys India
KV Toys manufactures children’s toys in India and sells them to distributors. They have been in the business for some time, but recently, they have improved significantly, adopting new technology and aligning with international standards. They aim to keep prices affordable, produce durable toys, and expand their reach across India and possibly to global markets.
With a market capitalisation of Rs 202 crore, the shares of KV Toys India Ltd are currently trading at Rs 322.50 per share, down 4 percent from its previous day’s closing price of Rs 336.30 per share.
Royal Alpha Opportunity Fund, an alternate investment fund owned by Royal Alpha Growth, acquired 79,200 shares in KV Toys India. This represents about 1.26 percent of the company. The price per share was Rs 326.27, making the total transaction value to ~Rs 2.58 crore.
Shanti Educational Initiatives
Shanti Educational Initiatives Ltd, headquartered in Ahmedabad, collaborates with K-12 schools and pre-schools throughout the region. They assist in establishing new schools, provide consultancy services, and support teachers through training and resources. Additionally, they introduce technological solutions like smart classrooms, school management software, and tools designed to keep students safe. The company also operates its own brands, including Shanti Asiatic School and Shanti Juniors.
With a market capitalisation of Rs 2,769 crore, the shares of Shanti Educational Initiatives Ltd are currently trading at Rs 172 per share, up 1.2 percent from its previous day’s closing price of Rs 170 per share.
Multitude Growth Funds, an investor based in Mauritius, has acquired 10.58 lakh shares in Shanti Educational Initiatives. This represents a 0.65 percent stake in the company. The shares were purchased at Rs 170 each, bringing the total value of the deal to nearly Rs 18 crore.
Unified Data Tech Solutions
Unified Data-Tech Solutions Ltd, located in Mumbai, supports businesses in building and maintaining their technology infrastructure. They cover everything from setting up data centers and cloud platforms to managing networks, cybersecurity, backups, and disaster recovery. The company also provides guidance and practical assistance when challenges arise. Most of their clients are from banking, insurance, manufacturing, pharmaceuticals, and IT services.
With a market capitalisation of Rs 739 crore, the shares of Unified Data Tech Solutions Ltd are currently trading at Rs 368 per share, up 3.5 percent from its previous day’s closing price of Rs 355.65 per share.
Pankaj Prasoon (an individual investor) acquired 1.4 lakh shares of Unified Data Tech Solutions, paying Rs 330.14 per share. This amounts to a total investment of around Rs 4.63 crore. Simultaneously, BNP Paribas Financial Markets sold 1.39 lakh shares at Rs 330.07 each, totaling ~ Rs 4.59 crore.
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