ASL ENTERPRISES LIMITED sold 2,36,000 shares in ASL Industries Limited at Rs 34.58 per share on the NSE.
NORGES BANK ON ACCOUNT OF THE GOVERNMENT PENSION FUND GLOBAL bought 3,00,000 shares in BSE Limited at Rs 953.29 per share on the NSE.
ADROIT FINANCIAL SERVICES PVT LTD sold 64,21,664 shares in Inventure Gro & Sec Ltd at Rs 3.67 per share on the NSE.
A C AGARWAL COMMODITIES PVT. LTD bought 54,854 shares in Jindal Photo Limited at Rs 262.66 per share on the NSE.
ANUSTUP TRADING PRIVATE LIMITED bought 56,776 shares of NDR Auto Components Ltd at Rs 391.00 per share on NSE.
VINOD SONI sold 68,576 shares of Priti International Ltd at Rs 78.24 per share on NSE.
NOPEA CAPITAL SERVICES PRIVATE LIMITED bought 48,000 shares in SP Refractories Limited at Rs 88.76 per share on the NSE.
DEVDIP BUILDERS PRIVATE LIMITED sold 3,90,000 shares in Vaishali Pharma Limited at Rs 69.00 per share on the NSE.
A bulk deal is one in which the total number of shares purchased or sold exceeds 0.5% of the company’s share capital. A bulk deal can be completed using either the usual trading window or the block trading window.
When a major FII, mutual fund, or HNI wishes to acquire a huge block of shares in a specific stock, they frequently choose to employ sliced trades throughout the day. This guarantees that businesses take full advantage of market volatility and are able to minimize their overall acquisition costs.
Similarly, in the event of bulk selling, the sliced strategy aids in obtaining a higher selling price. Bulk deals must be notified to the exchange by the broker who executes the trade.
If a bulk deal (exceeding 0.5% of the share capital) is conducted through the block window, the trade must be notified to the exchange promptly. If the total buy or sale of a sliced order during the day exceeds 0.5% of the share capital, the bulk deal must be disclosed to the exchange within 1 hour after the closing of the trade.