Bulk Deals: Sunrise sold HARDWYN shares, Nomura bought stake in EASEMYTRIP
- Ved Prakash Agarwal sold 1,76,270 shares in DCM Limited
- Preeti Bhauka sold 33,00,100 shares in Integra Essentia Limited
- Ankita Vishal Shah bought 57,82,665 shares in Vikas EcoTech Limited
Santa Ghosh bought 2,20,000 shares in Agni Green Power Limited at Rs 26.42 per share on the Nse.
Ved Prakash Agarwal sold 1,76,270 shares in DCM Limited at Rs 51.64 per share on the Nse.
Preeti Bhauka sold 33,00,100 shares in Integra Essentia Limited at Rs 6.06 per share on the Nse.
Nomura Singapore Limited bought 11,50,000 shares in Easy Trip Planners Limited at Rs 399.00 per share on the Nse.
Ramesh Bhandappa Munnoli bought 52,500 shares in Globe Intl Carriers Limited at Rs 74.99 per share on the Nse.
Sunrise Infinlease Pvt Ltd sold 1,11,100 shares in Hardwyn India Limited at Rs 197.98 per share on the Nse.
Sunflower Broking Pvt Ltd sold 89,200 shares in Kotyark Industries Limited at Rs 243.49 per share on the Nse.
Team India Managers Ltd bought 93,927 shares in Libas Consu Products Limited at Rs 26.49 per share on the Nse.
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Arbina Maqbool Dhoki sold 5,91,549 shares in Moksh Ornaments Limited at Rs 17.58 per share on the Nse.
Ankita Vishal Shah bought 57,82,665 shares in Vikas EcoTech Limited at Rs 3.79 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.