Bulk Deal: 3 Stocks in Which Investors Bought and Sold Stakes
Synopsis:-Several bulk deals were recorded as investors adjusted their holdings in select stocks. One investor acquired 51.25 lakh shares worth ₹11.95 crore, while another transaction involved a sale of 8.28 lakh shares valued at ₹70.18 crore. Meanwhile, smaller rights share trades were also executed at ₹0.87–₹0.91 per share. A bulk deal refers to a large […] The post Bulk Deal: 3 Stocks in Which Investors Bought and Sold Stakes appeared first on Trade Brains.
Synopsis:-Several bulk deals were recorded as investors adjusted their holdings in select stocks. One investor acquired 51.25 lakh shares worth ₹11.95 crore, while another transaction involved a sale of 8.28 lakh shares valued at ₹70.18 crore. Meanwhile, smaller rights share trades were also executed at ₹0.87–₹0.91 per share.
A bulk deal refers to a large transaction in a company’s shares executed on the stock exchange, typically involving institutional investors. Such deals cross a prescribed volume threshold and are disclosed publicly, offering insights into investor sentiment, ownership changes, and market confidence in a particular stock.
Dev Information Technology
Dev Information Technology Ltd is an Indian IT solutions company providing cloud services, digital transformation, enterprise applications, and managed IT services. The company works with government bodies and enterprises, focusing on technologies such as cloud computing, cybersecurity, and data management to support digital infrastructure and business modernisation.
With a market capitalisation of Rs 155 crore, the shares were trading at Rs 27.5 per share, and increased around 16.05 percent as compared to the previous closing price.
US-based Xduce Technologies bought an additional 51.25 lakh shares (equivalent to a 9.09 percent stake in paid-up equity) in Dev Information at Rs 23.33 per share, valued at Rs 11.95 crore.
On the contrary, promoters have offloaded a 9.03 percent stake in Dev Information Technology for Rs 11.86 crore. Pranav Niranjan Pandya sold 15 lakh shares at Rs 23.4 per share, Kruti Pranav Pandya offloaded 6.24 lakh shares at Rs 23.5 per share, and Jaimin Jagdishbhai Shah sold 29.64 lakh shares at Rs 23.25 per share.
Clean Max Enviro Energy Solutions
Clean Max Enviro Energy Solutions Ltd is a renewable energy company that develops and operates solar and wind power projects for commercial and industrial clients. The company helps businesses transition to clean energy through long-term power purchase agreements, rooftop solar installations, and open-access renewable energy solutions.
With a market capitalisation of Rs 9,798 crore, the shares were trading at Rs 837 per share, and decreased around 3.57 percent as compared to the previous closing price
Citigroup Global Markets Mauritius sold 8.28 lakh shares, which is equivalent to a 0.7 percent stake. in Clean Max Enviro Energy Solutions at Rs 846.72 per share, amounting to Rs 70.18 crore.
Sical Logistics
Sical Logistics Ltd is an integrated logistics and supply chain solutions provider in India. The company offers services such as port handling, road and rail transportation, warehousing, and bulk cargo logistics. It mainly serves industries like coal, fertiliser, and mining through its multi-modal logistics network.
With a market capitalisation of Rs 1,353 crore, the shares were trading at Rs 64.8 per share, and decreased around 0.03 percent as compared to the previous closing price
Equity Intelligence India, led by Porinju Veliyath, purchased 2.35 lakh rights shares of Sical Logistics at ₹0.91 per share, amounting to about ₹2.13 lakh, indicating selective buying interest. Meanwhile, Girish Gulati HUF exited 1.32 lakh shares at ₹0.87 per share, valued near ₹1.15 lakh, reflecting mixed investor activity.
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The post Bulk Deal: 3 Stocks in Which Investors Bought and Sold Stakes appeared first on Trade Brains.
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