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Fund Action
Friday, August 31, 2007
Triveni Engg
CLSA Mauritius buys 43 lakh shares @ Rs 81.15/sh (NSE/BSE) (1.7% stake)
Morgan Stanley holds 4% stake
HSBC Global Inv holds 3.7% stake
Alok Ind
Citigroup Global sells 8.57 lakh shares @ Rs 65/sh
(Reduces stake from 3.97% to 3.47%)
Sonata Inv buys 9.5 lakh shares @ Rs 61.25/sh on 20th Aug
Sonata Inv buys 30.6 lakh shares @ Rs 58.1/sh on 17th Aug
(Bought 40.1 lakh shares ie 2.35% stake )
GMR Infra
IDFC Infra Fund sells 22.5 lakh shares @ Rs 824/sh
IFCI Ltd.
ABN Amro sells 55.91 lakh shares @ Rs 61.7/sh (0.88% stake)
LIC already holds 8.4% stake
IDBI already holds 5% stake
Deutsche Sec already holds 3.4%
Goldman Sachs already holds 3.3%
(Both GMR and IFCI see some Fund selling after a long time)
AXIS Bank
Merill Lynch Capital buys 21 lakh shares @ Rs 612/sh (0.7% stake)
LIC buys 39.12 lakh shares @ Rs 612/sh (NSE/BSE) (1.4% stake)
Barclays Capital sells 97.75 lakh shares @ Rs 612/sh (3.5% stake) (Reduces stake from 4.91% to 1.41%)
Birla Corp
Emerging Markets buys 4 lakh shares @ Rs 295/sh
Citigroup Global sells 4 lakh shares @ Rs 295/sh (0.52% stake) (Reduces stake from 2.64% to 2.12%)
Karnataka Bank
Morgan Stanley buys 8.2 lakh shares @ Rs 184.5/sh (0.67% stake) (Increases stake from 2.52% to 3.19%)
Oppenhiemer Funds already holds 4.94% stake
XL Telecom
KMR Ind sells 75 thousand shares @ Rs 157/sh
House View:
Prabhudas Lilladher puts a buy at Rs 146
Blue Star
Calyon sells 6.24 lakh shares @ Rs 316.5/sh
Dish TV
Reliance MF buys 50.85 lakh shares @ Rs 75/sh (1.2% stake)
Fidelity Mangement sells 52.4 lakh shares @ Rs 75/sh
Dwarikesh Sugar
Merrill Lynch Capital buys 2.1 lakh shares @ Rs 58.8/sh (NSE/BSE) (1.3% stake)
K Sera Sera
Macquarie Bank sells 1 lakh shares @ Rs 18.3/s
Nagarjuna Fert & Chem
Lehman Bros Asia sells 24.5 lakh shares @ Rs 35.8/sh
Merrill Lynch bought 1.08 cr shares @ Rs 34.7/sh (2.3%, Ups stake to 3.43% from 1.13%) on 20th August
Citigroup Global sold 23.86 lakh shares @ Rs 36/sh on 20th August




