Integrated Core Strategies (Asia) Pte. Limited is a private limited company incorporated in Singapore in 2007, operating primarily in the sector of trusts, funds, and similar financial entities, which includes collective portfolio investment funds.
In recent activities, the company has been engaged in various stock transactions, including bulk and block deals in Indian companies, highlighting its investment activities in the financial markets.
Following are a few stocks purchased by Integrated Core Strategies (Asia) on 29th July, through block deals:
Prestige Estates Projects Limited
With a market cap of Rs. 74,119.3 crores, the shares of one of the leading real estate development companies surged by 0.7 percent on BSE to hit an intraday high at Rs. 1,895 on Tuesday.
Integrated Core Strategies (Asia) bought around 1.78 lakh equity shares in Prestige Estates Projects worth nearly Rs. 32.7 crore, at an average price of Rs. 1,833.45, via block deal.
The stock has delivered multibagger returns of 214.3 percent in one year and 56 percent of positive returns year-to-date.
Prestige Estates Projects Limited is engaged in the business of real estate development with projects in residential, office, retail and hospitality segments, and operations spread across South India, Pune, Goa and Ahmedabad.
Voltas Limited
With a market cap of Rs. 51,055.5 crores, the shares of a premier air conditioning and engineering solutions provider surged by 2.8 percent on BSE to hit an intraday high at Rs. 1,560 on Tuesday.
Integrated Core Strategies (Asia) bought around 3.45 lakh equity shares in Voltas Limited worth nearly Rs. 51.4 crore, at an average price of Rs. 1,490.35, via a block deal.
The stock has delivered positive returns of about 98 percent in one year as well as 57.8 percent returns year-to-date.
Established in 1954, Voltas Limited belongs to the Tata Group of companies and is engaged in the business of air conditioning, refrigeration, electro-mechanical projects both in domestic and international geographies (Middle East) and engineering product services for mining & construction equipments and textile industry.
Dixon Technologies (India) Limited
With a market cap of Rs. 71,602.8 crores, the shares of the world’s fourth-largest and India’s biggest LED light manufacturer surged by 3.4 percent on BSE to hit an intraday high at Rs. 12,040 on Tuesday.
Integrated Core Strategies (Asia) bought 84,873 equity shares in Dixon Technologies worth nearly Rs. 95.6 crore, at an average price of Rs. 11,272.6, via a block deal.
The stock has delivered multibagger returns of 190 percent in one year and 85.6 percent of positive returns year-to-date.
Dixon Technologies (India) Limited is the largest homegrown design-focused and solutions company engaged in the business of manufacturing products in the consumer durables, lighting and mobile phones markets in India.
KPIT Technologies Limited
With a market cap of Rs. 50,347.8 crores, the shares of a leading automobile software company surged by 2.1 percent on BSE to hit an intraday high at Rs. 1,840 on Tuesday.
Integrated Core Strategies (Asia) bought around 5.85 lakh equity shares in KPIT Technologies worth nearly Rs. 104.8 crore, at an average price of Rs. 1,788.95, via a block deal.
The stock has delivered positive returns of about 70 percent in one year as well as 23.2 percent returns year-to-date.
KPIT Technologies Limited is a global technology company engaged in the business of providing IT consulting and product engineering solutions and services to automotive, manufacturing, energy, and utilities companies.
Written by Shivani Singh
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