Who wrote this article?

Aakash Agarwal, Capitalmind's research team.

Credit Suisse sells a third of its holding (33.5 lakh shares) in Aegis Logistics at 40 Cr.

15 Jun 2016Aakash Agarwal1 min read

Quick Facts

What is "Credit Suisse sells a third of its holding (33.5 lakh shares) in Aegis Logistics at 40 Cr." about?
What category is this article in?: Stocks
Who wrote this article?: Aakash Agarwal, Capitalmind's research team.
When was this article published?: Published 15 June 2016.
How long does this article take to read?: 1 min read
What topics does this article cover?: AEGISCHEM, Credit Suisse
What does the "Disclaimer" section say?: Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.

Aegis Logo

Aegis Logistics handles liquids and gas storage and transport, mainly at ports. It has been expanding capacity at a rapidly and has terminals in Pipavav, Kochi, Kandla, Mumbai and Haldia ports.

They also have a large AutoGas operation in the south where they have pumps that dish out LPG, for auto usage. (latest report here)

Credit Suisse Logo

Credit Suisse (Singapore) which held 10,395,000 shares representing 3.11% of the share capital, has sold shares worth 40 Cr on both the National and Bombay Stock Exchange.

The total shares sold were 3,350,000 or 1% (33% of its holding) thereby bringing its new holding to 7,045,000 shares or 2.11%. The buyers of the shares have not been disclosed yet.

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Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.