On April 7, fund action was witnessed in Orchid Chemical, Indiabulls Securities, BEML, GTC Industries, Prajay Eng, GSS America and IOB.
Fund Action:
Orchid Chemical Solrex Pharmaceuticals buys 21.93 lakh shares at Rs. 197.45 (3.33%) Solrex Pharma increases stake in Orchid Chem to 11.39% stake from 8.06% ALERT: Solrex Pharma Is A Partnership Firm~Floated By Ranbaxy Promoters: Srcs
Indiabulls Securities Direct Investments Fund buys 51.60 lakh shares at Rs. 97.62/share (2.03%) Merrill Lynch Capital Markets buys 14.65 lakh shares at Rs. 99.26/share ((Babcock & Brown (B&B) established the independent funds management business, Babcock & Brown Direct Investment Fund Limited (DIF), to meet the stated wish of major super funds to assign an increased weight of member monies to unlisted alternative assets - both private equity and mezzanine debt))
BEML Fidelity Investment Services buys 6.63 lakh shares at Rs. 980/share (1.6%) Carlson Fund sells 6.63 lakh shares at Rs. 980/share
Prajay Eng BSMA buys 4 lakh shares at Rs. 279.30/share (1.45%)
GSS America JRK Merchndise buys 1.23 lakh shares at Rs. 473/share Shuaa Capital sells 1.25 lakh shares at Rs. 473.01/share
IOB The Childrens Investment Master buys 184.3 lakh shares at Rs. 128.05/share (3.4%) Morgan Stanley Dean Witter sells 184.3 lakh shares at Rs. 128.05/share