630%in 5 years: City Group, UT MF, others drowned in this smallcap to Rs. 360 crore bulk buy by deal

American Multinational Investment Bank City Group on Tuesday paid Rs. 57,000 shares of over 43 crore have been purchased by bulk deals. The shares were purchased at a price of Rs 7,605, which was a 2% discount at a closing price of 7,774.40 on Monday.

This smallcap comes in the City Group in Multibugar stock at the time when the stock has dropped by more than 40% in the last 12 months. Despite the elaborate underperformance shown by this stock, its compensation is 630% in the last 5 years and over 190% in the last three years.

Domestic institutional investors also jumped into the bandwagon to earn the opportunity. Aditya Birla Sun Life Insurance Company, Prudential Assurance Company, UTI Small Cap Fund and Bajaj Elianz Life Insurance Company took equity of Rs 65 crore, 116 crore, 40 crore and 100 crore, 364 crore.

Shares of Voltamp Transformers ended today at Rs 7,508.75, up from Rs. Is below 265.65 or 3.42%.

On BSE, Rs. With a market capitalization of Rs 7,596.69 crore, Voltamp Transformers Rs. Dowen is 47% to the highest 52-week high of 14,260.30.

Voltamp Transformers Limited is a Vadodara -based company and has been in the supply of design, production and transformers for the last 61 years. The company claims to have 70,000 installations in the country and abroad.

Voltamp Transformers Counter below its 50-day and 200-day easy moving average (SMA) at Rs. 8,709.7 and Rs. Trade below 8,408.1, according to Trendlin data. It has been quite unstable, trading on a 1.6 -year -old beta of 1.6.

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