Synopsis: CarTrade Tech, Prime Cable Industries, Bartronics India, and Bliss GVS Pharma witnessed notable bulk deal activity involving foreign and domestic institutional investors. While selective buying was seen in CarTrade and Bliss GVS Pharma, selling pressure emerged in Bartronics India. The transactions highlight active institutional portfolio reshuffling across mid-cap and small-cap stocks.
Several stocks are likely to remain in focus after foreign and domestic institutional investors executed bulk deals across select counters. CarTrade Tech saw FII selling offset by domestic institutional buying, while Prime Cable Industries attracted fresh domestic investor interest. Bliss GVS Pharma witnessed stake accumulation by a foreign investor, whereas Bartronics India recorded a significant sell transaction. The activity signals selective institutional positioning amid ongoing valuation assessments.
CarTrade Tech Ltd is a multi-channel auto platform provider company with coverage and presence across vehicle types and value-added services and operates various brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz.
With the market cap of Rs 11,117 crore, the shares of Cartrade Tech Ltd are trading at Rs 2,324 and are trading at a PE of 54.3, whereas its industry PE is at 45.7. In the deal signed in CarTrade Tech, Mobius Investment Trust Plc, the foreign institutional investor, sold 0.5% shares worth Rs 52.67 crore, while Oaklane Capital Management LLP, the domestic institutional investor, bought 0.79% shares worth Rs 84.85 crore.
Prime Cable Industries Limited
Prime Cable Industries Limited is an Indian cable manufacturing company known for producing a wide range of wires and cables, including LT PVC/XLPE Power, Control, and AB Cables
With the market cap of Rs 158 crore, the shares of Prime Cable Industries Limited are trading at Rs 86 and are trading at a PE of 15, whereas its industry PE is at 18.5. A similar instance was seen in Prime Cable Industries, where Aikyam Capital Management, a domestic institutional investor, had purchased 1.2 lakh shares at Rs 99.6 lakh at a price of Rs 83 per share.
Bartronics India Ltd provides Automatic Identification & Data Capture (AIDC) solutions and started with providing solutions based on barcodes and is a leading player in the country to provide solutions using the umbrella of AIDC technologies.
With the market cap of Rs 475 crore, the shares of Bartronics India Ltd are trading at Rs 15.6 and are trading at a PE of 119, whereas its industry PE is at 25.8. In Bartronics India, a sell transaction took place through Scan Help Technologies, which sold 21.06 lakh shares for Rs 2.99 crores at Rs 14.23 per share.
Bliss GVS Pharma Ltd
Bliss GVS Pharma Limited is engaged in the manufacturing, marketing, trading and export of pharmaceutical formulations in the form of suppositories, pessaries, capsules, tablets and syrups.
With the market cap of Rs 1,911 crore, the shares of Bliss GVS Pharma Ltd have closed at Rs 181 and are trading at a PE of 17.4, whereas its industry PE is at 29.3. In Bliss GVS Pharma, FPI Mateus acquired a 1.32% stake worth Rs 25.2 crore from another FPI, Arian Investment. The transaction indicates that the foreign investors have continued their participation in the company.
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