Himalayan Distillery Limited emerges as today’s trending stock with massive turnover; look at the details of the trade (Exclusive floor sheet analysis)

Wed, Jun 26, 2019 5:18 PM on Financial Analysis, SS Pro, Exclusive, Latest,

Himalayan Distillery Limited (HDL) has not only been a veteran player of the stock market but also of the brewery industry in Nepal. It was established on 24th July, 1985 as a private company and later was converted into a public company on 3rd November, 2000.

Himalayan Distillery offers wide varieties of best alcoholic products that come through its Hi-tech processes. Himalayan Distillery has over 11.76 million liters of production capacity (annually). It has been continuously engaging and persuading distributors, wholesalers and retailers by offering lucrative offers from time to time. Besides this, Himalayan Distillery has been maintaining the international standards at the factory in Birgunj by producing consistent quality products.

Today, the company emerged as a trending stock after posting a massive turnover of Rs 19.42 crore achieved from trade of 117,345 units of share traded through 120 transactions. The share prices were at a high of Rs.1705 and low of Rs.1655. The stock opened at Rs 1673 and closed at Rs 1690 per share, gaining 17 points or 1.02%. The weighted average price of the stock stands at Rs.1655.57.

As per the charts from SS Pro, the highest numbers of shares were traded at stock price Rs.1655. In the mentioned price, a total of 110,090 units of shares traded through 69 transactions.

Looking at the top buyer broker of the stock, Naasa Securities (No. 58) stood ahead after buying 71,255 units of shares worth Rs.11.79 Crore, followed by ABC Securities (No. 17) with 13,700 units of shares worth Rs.2.26 Crore.

Similarly, Naasa Securities (No. 58) was also the top seller broker of the stock today after sale of 115,700 units of shares worth Rs.19.14 Crore.

Since, the trade volume and amount of today’s transaction was huge, market speculators believe that one of the top shareholders of the company was involved in the transaction. The following is the list of the top shareholders of the company:

S. NO

Shareholders Name

Kitta

1

RAHISHA SHAH SHRESTHA

2,270,400

2

R. AND R. SUPPLIERS PVT. LTD.

633,730

3

FOOD AND BEVERAGES TECHNOLOGY RESEARCH CENTER PVT.LTD

609,700

4

MEJESTIC BHENCHAR PVT. LTD.

93,000

5

FOOD AND BEVERAGES TECHNOLOGY RESEARCH CENTRE PVT LTD

19,265

6

AKHILESHWAR PD SING

16,000

7

BINOD SHRESTHA

10,000

8

ALKA GOYAL

8,751

9

NAASA SECURITIES

7,875

10

Hathway Investment Nepal

5,476

Note: The data presented in the table does not guarantee complete accuracy as the shareholding patterns may have changed everyday.

 

Source: SSPro