Bulk Deals: Earc sold HINDNATGLS shares, Vasani Atul bought stake in Vaishali Pharma

EARC TRUST SC 404 sold 8,17,594 shares in Hind Natl Glass & Ind Ltd at Rs 11.93 per share on the NSE.

MI LIFESTYLE MARKETING GLOBAL PRIVATE LIMITED bought 37,000 shares in Banaras Beads Ltd at Rs 106.47 per share on the NSE.

EKTHA COM PRIVATE LIMITED sold 80,000 shares in Silly Monks Entertain Ltd at Rs 25.70 per share on the NSE.

NEW MODERN BUILDWELL PRIVATE LIMITED bought 1,00,000 shares of Rudrabhishek Enterp Ltd at Rs 211.25 per share on NSE.

VASANI ATUL ARVINDBHAI sold 15,00,000 shares of Vaishali Pharma Limited at Rs 55.18 per share on NSE.

CNETLINGO MARKETING PRIVATE LIMITED bought 99,000 shares in Shigan Quantum Tech Ltd at Rs 63.19 per share on the NSE.

ESSEL INDUSTRIES PVT LTD sold 200,000 equity shares in GANECOS at Rs 700.61 per share on the BSE, the bulk deals data showed.

VISHNU SHANTIBHAI PARMAR bought 104,811 shares of THINKINK at Rs 54.55 per share on BSE.

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.