CANADA PENSION PLAN INVESTMENT BOARD sold 55,83,625 shares of SBI Life Insurance Co Ltd at Rs 1068.35 per share on NSE.
VENKATESHWARA INDUSTRIAL PROMOTION CO.LIMITED bought 1,63,200 shares in Atal Realtech Limited at Rs 108.00 per share on the NSE.
JAYESH SURENDRA RAMPURIA bought 1,53,000 shares in Cool Caps Industries Ltd at Rs 42.66 per share on the NSE.
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ENAM FINANCE PVT LTD sold 462,35,599 shares in Future Consumer Ltd at Rs 4.74 per share on the NSE.
ANUSTUP TRADING PRIVATE LIMITED bought 36,39,625 shares in Globe Textiles (I) Ltd at Rs 9.30 per share on the NSE.
JANATI BIOPOWER PRIVATE LIMITED sold 57,02,305 shares of Orient Green Power Co Ltd at Rs 13.20 per share on NSE.
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YUGA STOCKS AND COMMODITIES PRIVATE LIMITED bought 1,03,457 shares of Jindal Photo Limited at Rs 284.20 per share on NSE.
MARYADA BARTER PVT LTD sold 12,22,115 shares in Mcleod Russel India Limit at Rs 22.61 per share on the NSE.
SATHISH SRINIVAS NAYAK bought 2,91,394 shares in Nandan Denim Limited at Rs 61.18 per share on the NSE.
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VAISHALI PANKAJ VYAS sold 1,00,200 shares of SecUR Credentials Limited at Rs 102.81 per share on NSE.
RAMLAL KANWARLAL JAIN bought 14,99,775 shares in Shyam Century Ferrous Ltd at Rs 24.90 per share on the NSE.
KRONE FINSTOCK PRIVATE LIMITED sold 4,31,000 shares in Vivimed Labs Limited at Rs 15.15 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 trading window or the 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 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.
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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.