1 week ago

Bulk Deals: Escorp sold AMBANIORG shares, Chetan Patel bought stake in GOLDSTAR

#BulkDeal #NSE #StockMarket

Escorp Asset Management sold 50,000 shares in Ambani Organics
Chetan Anantrai Patel bought 1,02,000 shares in Goldstar Power
Albatross Homes sold 24,000 shares in MK Proteins

ByDevanshu Singla

ESCORP ASSET MANAGEMENT LIMITED sold 50,000 shares in Ambani Organics Limited at Rs 105.45 per share on the NSE.

CHETAN ANANTRAI PATEL bought 1,02,000 shares in Goldstar Power Limited at Rs 25.90 per share on the NSE.

RIKHAV SECURITIES LIMITED sold 2,34,000 shares in Goldstar Power Limited at Rs 25.90 per share as per NSE.

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ALBATROSS HOMES PRIVATE LIMITED sold 24,000 shares in MK Proteins Limited at Rs 193.01 per share as per NSE.

NIRAJ RAHNIKANT SHAH sold 30,00,000 shares in Supreme Engineering Limited at Rs 2.75 per share as per NSE.

VIKRAMKUMAR KARANRAJ SAKARIA HUF DAKSH CORPORATION bought 30,69,907 shares in Supreme Engineering Limited at Rs 2.74 per share as per NSE.

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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.

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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.

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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.

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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.

#BulkDeal #StockMarket #Business #Nifty #Sensex #ShareMarket #BSE

Bulk Deals: Escorp sold AMBANIORG shares, Chetan Patel bought stake in GOLDSTAR

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