Who wrote this article?

Aakash Agarwal, Capitalmind's research team.

Vivimed Labs Touches 52 Week High As Big Whale Ashish Kacholia Buys 13 Lakh Shares

28 Sept 2016Aakash Agarwal1 min read

Quick Facts

What is "Vivimed Labs Touches 52 Week High As Big Whale Ashish Kacholia Buys 13 Lakh Shares" about?
What category is this article in?: Stocks
Who wrote this article?: Aakash Agarwal, Capitalmind's research team.
When was this article published?: Published 28 September 2016.
How long does this article take to read?: 1 min read
What topics does this article cover?: Ashish Kacholia
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.

Vivimed Labs - a Hyderabad based Pharmaceutical and Specialty Chemicals Company with 11 manufacturing facilities (eight domestic and three overseas) and 5 R&D centres across three continents.

Vivimed Labs manufactures ingredients for diverse downstream uses in the Home and Personal Care, Photochromic, Imaging Chemicals, Anti-Microbial and Pharmaceutical applications.

NYLIM Jacob Ballas India Fund which held 10,634,920 shares or 13.1%, sold 64,585,000 shares or 8% shares yesterday, a part of which was purchased by Ashish Kacholia.

Big Whale Ashish Kacholia purchased 1,373,713 shares or 1.69% at an avg. price of Rs. 90.50/- per share. This values the deal at Rs. 12.43 crore.

NYLIM Jacob Ballas India Fund is a fund managed by Jacob Capital Partners. The India-focused private equity funds with over USD 600 million assets under management.

Jacob Capital Partners is 75% owned by its founders and management team while the remaining 25% held by New York Life Investment Management LLC (“NYLIM”), an indirect, wholly owned subsidiary of New York Life Insurance Company (“NYLIC”).

Other Investments include recently listed SP Apparels, Trianz Holdings, Bajaj Motors, Avesthagen, Bhilwara Energy, Mahindra Holidays and Resorts India, Saravana Global Energy, Inventia Healthcare, Financial Software & Systems, SEW Infrastructure, PNC Infratech, Vivimed Labs, Religare Finvest, DBM Geotechnics and Constructions, Karaikal Port and SRL.

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.