BNP Paribas Arbitrage is engaged in the business of providing financial services mainly focusing on ‘Retail’ and ‘Corporate’ Institutional Banking Services. Listed below are three stocks under the ‘small-cap’ category in which BNP Paribas Arbitrage sold stake on 30th November 2023:
Gokaldas Exports Limited
With a market capitalization of Rs 5,802.83 crores, the stocks of closed at Rs 956.75 on Friday, slipping around 2.90 percent as compared to the previous closing levels of Rs 985 apiece.
During the recent financial quarters, the company has reported a slight dip in its prime business indicators such as operating revenues and net profits. The former slipped from Rs 514.65 crores during Q1FY23-24 to Rs 500.25 crores during Q2FY23-24, and, the latter moved down from Rs 32.55 crores to Rs 23.71 crores.
As per the Bulk Deal data available with the National Stock Exchange (NSE) as of 30th November 2023, BNP Paribas Arbitrage sold approximately 5.70 lakh equity shares of the company at an average trading price of Rs 977.44 per share.
Gabriel India Limited
With a market capitalization of Rs 5,957.63 crores, the stocks of closed at Rs 414.75 on Friday, slipping around 1.80 percent as compared to the previous closing levels of Rs 422.40 apiece.
During the recent financial quarters, the company has reported a positive shift in its prime business indicators such as operating revenues and net profits. The former went up from Rs 805.77 crores during Q1FY23-24 to Rs 864.45 crores during Q2FY23-24, and, the latter moved up from Rs 42.49 crores to Rs 46.95 crores.
As per the Bulk Deal data available with the National Stock Exchange (NSE) as of 30th November 2023, BNP Paribas Arbitrage sold approximately 7.38 lakh equity shares of the company at an average trading price of Rs 421.61 per share.
Gateway Distriparks Limited
With a market capitalization of Rs 5,193.80 crores, the stocks of closed at Rs 103.95 on Friday, gaining 0.80 percent as compared to the previous closing levels of Rs 103.12 apiece.
During the recent financial quarters, the company has reported a positive shift in its prime business indicators such as operating revenues and net profits. The former went up from Rs 369.69 crores during Q1FY23-24 to Rs 398.53 crores during Q2FY23-24, and, the latter moved up from Rs 62.47 crores to Rs 72.18 crores.
As per the Bulk Deal data available with the National Stock Exchange (NSE) as of 30th November 2023, BNP Paribas Arbitrage sold approximately 42.50 lakh equity shares of the company at an average trading price of Rs 102.91 per share.
Written by Amit Madnani
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