CARNEX VINIMAY PRIVATE LIMITED bought 8,58,408 shares in Asian Granito India Limited at Rs 67.71 per share on the NSE.
PHAEACIAN ACCENT INTERNATIONAL VALUE FUND sold 1,54,790 shares in CARE Ratings Limited at Rs 477.57 per share on the NSE.
INDUSIND BANK LTD CLIENT A/C sold 455,33,228 shares in Future Consumer Limited at Rs 3.02 per share on the NSE.
ALPHA LEON ENTERPRISES LLP bought 35,00,000 shares in Future Enterprises Limited at Rs 4.90 per share on the NSE.
VEENA RAJESH SHAH sold 1,00,000 shares in GSS Infotech Limited at Rs 150.15 per share on the NSE.
RAJAN GUPTA sold 1,59,000 shares in Jeena Sikho Lifecare Limited at Rs 185.95 per share on the NSE.
RAMA KRISHNA VARMA PENMETSA bought 31,00,000 shares in KBC Global Limited at Rs 8.85 per share on the NSE.
TALISMAN SECURITIES PRIVATE LIMITED bought 2,34,000 shares in Empyrean Cashews Limited at Rs 110.41 per share on the NSE.
OM TRADING bought 1,50,071 shares in Reliance Indl Infra Limited at Rs 1074.70 per share on the NSE.
RAM LAL KANWARLAL JAIN bought 10,25,000 shares in Simbhaoli Sugars Limited at Rs 38.69 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.