Shankar Sharma bought 7 lakh shares in Ishan Dyes and Chemicals Ltd. at Rs 121.71 per share and Standard Greases and Specialities purchased 1 lakh shares at Rs 123 per share, as per the BSE bulk deals data.

MITTAL RONAK bought 64,900 shares of Jet Freight Logistics Ltd Rs 76.50 per share on NSE.

RAMLAL KANWARLAL JAIN sold 3,96,251 shares in Compuage Infocom Ltd at Rs 37.41 per share on the NSE.

PARAM CAPITAL bought 1,25,000 equity shares in Shankara Bldg Product Ltd at Rs 583.27 per share on the NSE, the bulk deals data showed.

PUSHPENDER JAIN sold 2,14,000 shares in Dynamic Srvcs & Sec Ltd. at Rs 26.50 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.