- George Soros-backed Quantum M buying shares worth in Rs 121 crore in Jain Irrigation (Rs 3400Cr Mcap, leader in its own sector, can immensly get benefit from Agro boom, this might not be a 10in3 company but yes, this can really be a 40-50% CAGR growth company, for better than market return one can invest in Jain Irrignation).
- HSBC Global Investment Fund spending Rs 60 crore in picking up shares in Puravankara Projects (For me it is yet another Infra play, better to avoid such company, they don't have niche like Orbit Corp which is a niche player in Construction).
- Quantum again buying shares valued at Rs 46 crore in Jai Corp (Just because its promoters are close associates of Mukesh Ambani, one should not invest in this company, it is already a 4000Cr Mcap company with no business and just future dreams, Ignore it) were some of the prominent bulk deals in July.
- Lehman Brothers took the bulk deal route to buy into Triveni Engineering (This is a 3000Cr Mcap company involve in Sugar, Turbine & Rural retail business, Turbine is the catch here, that is why GE also hold stake in Triveni and now Lehman is entering, sooner or later they will demerge their business and value unlocking will take place, We would keep this company at par with Jain Irrignation, One can invest in this company for better than market rerturns).
- Goldman Sachs Investments which bought shares worth Rs 14 crore in Simplex Infrastructures (Ignore it, yet another Infra Play, capex is much more, good time for Infra companies are behind us).
- Other companies where significant sized deals happened were Prajay Engineers (Good Infra and consultancy player), Nitco Tiles (Relying on China for Tiles, just because of its brand it is alive), Bihar Tubes (No idea on this one) and Ahmednagar Forgings (No idea on this one).
- HBJ Capital Team.
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