Bulk Deals: Quant Capital bought Eros shares, Kuldeep sold stake in Shree Ram Proteins

BHATIA KARISHMA DILIP bought 1,93,226 shares of Archies Limited at Rs 23.75 per share on NSE.

RAMLAL KANWARLAL JAIN sold 3,52,774 shares in Compuage Infocom Ltd at Rs 41.19 per share on the NSE.

QUANT CAPITAL HOLDINGS PVT LTD bought 10,58,045 equity shares in Eros Intl Media Ltd at Rs 25.15 per share on the NSE, the bulk deals data showed.

MITTAL RONAK picked up 68,496 equity shares in Jet Freight Logistics Ltd at Rs 72.90 per share respectively on the NSE.

KULDEEP DADUBHA GADHVI sold 2,15,000 shares in Shree Ram Proteins Ltd. at Rs 64.60 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.