MAHASHALI TRADEWING LLP bought 1,31,563 shares in Akash Infra-Projects Ltd at Rs 69.50 per share on the NSE.
SURESHBHAI KANJIBHAI PATEL bought 1,40,000 shares in Art Nirman Limited at Rs 74.97 per share on the NSE.
VIJAYGOPAL PARASRAM ATAL sold 2,80,000 shares in Atal Realtech Limited at Rs 103.40 per share on the NSE.
POONAWALLA CONSTRUCTIONS LLP sold 2,30,820 shares in BSE Limited at Rs 891.88 per share on the NSE.
CROMPTON GREAVES CONSUMER ELECTRICALS LIMITED bought 98,33,754 shares of Btrfly Gandhi Appl Ltd at Rs 1403.00 per share on NSE.
ASHISH SHARADKUMAR NEMANI sold 5,00,000 shares of Vaishali Pharma Limited at Rs 65.25 per share on NSE.
KARAKORAM LIMITED sold 25,32,270 shares in Vijaya Diagnostic Cen Ltd at Rs 445.00 per share on the NSE.
LAKSHMI GUTTIKONDA VARA sold 6,35,000 shares in Megasoft Limited at Rs 50.50 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.