Hello Sir,

Hope you are doing well.

Mar’23 results season is finally over.

Now, promoters/insiders can go back to buying shares in their own company.

We track market purchase list on daily basis to scout for potential investment opportunities and would suggest you do as well if you are an active investor in the market.

Below, we have shared the list of stocks wherein Promoters/Insiders bought the shares as reported to exchanges on 1st Jun’23.

 

Before that, in the last few days we have released 1 special situation opportunity and 1 new long-medium term investment recommendation for Alpha and Alpha + Members

  • Special situation opportunity – Delisting Opportunity – Expecting Promoters to buy out shares at higher price – For details click HERE
  • New Stock Recommendation – Sub 5000 crore market cap, fast growing Specialty chemicals company – For details click HERE

You can get the above mentioned recommendations, by subscribing HERE

 

Insider buying – Reported to exchanges on 1st Jun’23

Source: BSEINDIA

You may ask how is tracking insider buying helpful – Well, in general, when promoters/management buy stocks of their own company, it indicates that they are finding value around current levels and also probably expect the company to do well in the medium to long term.

Hint for your research – In the above list, there’s a company wherein promoters got their pledged shares released recently and now increasing stake through open market purchases.

(End)

 

Disclaimer: This is not a recommendation to buy/sell any of the stocks mentioned in the list. The securities quoted are for illustration only and are not recommendatory.

 

Best Regards,

Ekansh Mittal
Research Analyst
Web: https://www.katalystwealth.com/

 

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The views expressed are based solely on information available publicly and believed to be true. Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision

This report is for the personal information of the authorized recipient and does not construe to be any investment, legal or taxation advice to you. Ekansh Mittal/Mittal Consulting/Katalyst Wealth is not soliciting any action based upon it. This report is not for public distribution and has been furnished to you solely for your information and should not be reproduced or redistributed to any other person in any form. This document is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. Ekansh Mittal or any of its affiliates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. Neither Ekansh Mittal, nor its employees, agents nor representatives shall be liable for any damages whether direct or indirect, incidental, special or consequential including lost revenue or lost profits that may arise from or in connection with the use of the information. Ekansh Mittal/Mittal Consulting or any of its affiliates or employees do not provide, at any time, any express or implied warranty of any kind, regarding any matter pertaining to this report, including without limitation the implied warranties of merchantability, fitness for a particular purpose, and non-infringement.

The recipients of this report should rely on their own investigations. Ekansh Mittal/Mittal Consulting and/or its affiliates and/or employees may have interests/ positions, financial or otherwise in the securities mentioned in this report. Mittal Consulting has incorporated adequate disclosures in this document. This should, however, not be treated as endorsement of the views expressed in the report.

We submit that no material disciplinary action has been taken on Ekansh Mittal by any regulatory authority impacting Equity Research Analysis.

Disclaimer: You can access it here – LINK

Whether the research analyst or research entity or his associate or his relative has any financial interest in the subject company/companies and the nature of such financial interest – Yes, in Time Technoplast

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