FINE ESTATES PRIVATE LIMITED bought 2,17,165 shares in Crest Ventures Limited at Rs 178.75 per share on the NSE.

AJAY HARKISHANDAS MEHTA sold 5,50,000 shares in Compuage Infocom Limited at Rs 22.07 per share on the NSE.

MARK CORPORATE ADVISORS PRIVATE LIMITED sold 12,74,991 shares in Godha Cabcon Insulation Limited at Rs 8.37 per share as per NSE.

Also Read| Pallonji Mistry: All you need to know about the ‘phantom of Bombay house’

SMALLCAP WORLD FUND INC sold 25,00,000 shares in Hikal Limited at Rs 249.02 per share on the NSE.

RESONANCE OPPORTUNITIES FUND bought 7,50,000 shares in Lancer Container Line Limited at Rs 200.00 per share on the NSE.

L7 HITECH PRIVATE LIMITED bought 4,00,000 shares in Moksh Ornaments Limited at Rs 19.63 per share as per NSE.

Also Read| Mukesh Ambani’s daughter Isha to be named chair of Reliance Retail: Report

AEGIS INVESTMENT FUND PCC bought 1,89,376 shares in Roto Pumps Limited at Rs 499.15 per share on the NSE.

SAWARNBHUMI VANIJYA PRIVATE LIMITED bought 2,65,600 shares in Sarveshwar Foods Limited at Rs 50.01 per share on the NSE.

Also Read| Bed Bath & Beyond CEO Mark Tritton out, to be replaced by Sue Gove on interim basis

LAVJIBHAI VALJIBHAI SAVALIYA sold 1,82,401 shares in Shree Ram Proteins Limited at Rs 92.95 per share as per NSE.

NIRMALKUMAR MANGALCHAND MITTAL bought 1,50,000 shares in United Polyfab Guj. Limited at Rs 50.00 per share as per NSE.

Also Read | 5 things you need to know about Akash Ambani, Reliance Jio chairman

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.

Also Read| Poor nation’s pricey mess: Why Zimbabwe hiked interest rate by 200%

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.

Also Read| How India can fight ransomware attacks

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.

Also Read| Impact of US Feds’ biggest rate hike since 1994 on India

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.