Global financial firm Morgan Stanley made as many as 4 purchases in small-cap stocks through bulk deals on NSE and BSE on March 30, data available with exchanges showed.
The four stocks in which Morgan Stanley bought stocks were
- Kalyani Investment Company, (93000 shares @ 865.05 = Rs 8.04 crores)
- Nalwa Sons Investments, (53000 shares @ Rs 475.05 = Rs 2.52 crores)
- Summit Securities and (105000 shares @ Rs 233.50 = Rs 2.5 crores)
- Rajapalayam Mills (87000 shares @ Rs 458.05 = Rs 4 crores)
Stock prices has been bit hard due to COVID-19 situation. The valuations are now attractive for long term investors.