Ace investor Dolly Khanna on Monday bought 19,642 additional shares of Simran Farms at Rs. 167.96 apiece through a bulk deal on the BSE. Prior to today, Dolly Khanna had bought 22,344 shares of Simran Farms through a bulk deal on the BSE on November 24. Shares of the company ended 5% higher at Rs. 173.45 on the BSE.

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In another transaction, India Equity Fund bought 45,000 shares of Natural Capsules at Rs. 198.99 apiece through a bulk deal on the BSE.

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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 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.

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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.