Bulk Deals: Pathik Gandotra sold GOKEX shares, PMK bought stake in CIGNITITEC

Tarak V Vora HUF bought 1,15,000 shares in Airo Lam Limited at Rs 76.73 per share on the Nse.

PMK Holdings Private Limited Holdings Private bought 1,50,802 shares in Cigniti Technologies Limited at Rs 597.00 per share on the Nse.

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Mark Corporate Advisors Private Limited sold 30,00,000 shares in Godha Cabcon and Insulation Limited at Rs 4.68 per share on the Nse.

Pathik Gandotra sold 4,05,000 shares in Gokaldas Exports Limited at Rs 352.19 per share on the Nse.

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Vijay Ghanshyambhai Pujara bought 90,000 shares in Goldstar Power Limited at Rs 29.33 per share on the Nse.

Hitesh Muljibhai Shah sold 8,50,000 shares in GTL Limited at Rs 8.48 per share on the Nse.

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Param Broking (India) Pvt Ltd bought 1,31,615 shares in Jet Freight Logistics Limited at Rs 20.85 per share on the Nse.

Colourshine Hosiery Private Limited bought 1,71,302 shares in Kshitij Polyline Limited at Rs 70.00 per share on the Nse.

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Ravi Goyal (HUF) sold 51,859 shares in Tembo Global Industries Limited at Rs 7.35 per share on the Nse.

Sudesh Business Ventures Pvt Ltd bought 1,00,000 shares in TVS Electronics Limited at Rs 269.94 per share on the Nse.

Sawarnbhumi Vanijya Private Limited bought 142,00,000 shares in Vikas Lifecare Limited at Rs 5.25 per share on the Nse.

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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 or block trading window.

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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 minimise their overall acquisition costs.

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Similarly, in the event of bulk selling, the sliced strategy aids in obtaining a higher selling price. The broker who executes the trade must notify bulk deals to the exchange.

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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.