NTB - LARGE CROSSINGS

samaritan · 1 NTB - LARGE CROSSINGS Tue Aug 18, 2015 2:29 pm

samaritan

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Nearly 2 million shares transacted in three crossings at 105/= closer to closing stage. What's cooking????? NTB - LARGE CROSSINGS Z

spw19721 · 2 Re: NTB - LARGE CROSSINGS Wed Aug 19, 2015 5:17 am

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Sir can you please explain what is called crossing?I looked in investopedia.com but couldnt get a better idea.

samaritan · 3 Re: NTB - LARGE CROSSINGS Wed Aug 19, 2015 10:02 am

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spw19721 wrote:Sir can you please explain what is called crossing?I looked in investopedia.com but couldnt get a better idea.

Usually a block trade negotiated by same broker who acts on behalf of buyer & seller.

samaritan · 4 Re: NTB - LARGE CROSSINGS Wed Aug 19, 2015 10:07 am

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Today 4.8 Million shares in a single crossing done at Rs 105/= at the early stages of the opening of market.

There is something cooking post election. ???????????

Any comments from investigative investors please.

samaritan · 5 Re: NTB - LARGE CROSSINGS Wed Aug 19, 2015 11:28 am

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2012 EPS = Rs 9/92.

2014 EPS = Rs 13/96.

An eps growth of 40% & PE of 7.52.

Can the above be the reason for big volume transaction?

Experts comments welcome!

raider · 6 Re: NTB - LARGE CROSSINGS Wed Aug 19, 2015 1:15 pm

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The seller for yesterday and today must be the same party and if they are holding about six million shares they must be on the Top 20.

If JKH or Central Finance were selling, it would trigger an announcement and we know it's not foregin selling.

So this is definitely Janashakthi that is selling and it is quite obvious as they have been pulling out quite a bit of their investments.