Block deals worth over Rs 9,947 crore this week. HDFC Bank, Infosys, Adani Ports among stocks with major action

While Nifty ended with week-on-week gains of 1.2%, it was laden with top action where over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 9,947 crore on screen which included both buying and selling action.

In the large cap segment, 15 companies witnessed significant block deals worth Rs 5,725 crore led by HDFC Bank with 43 block counts totalling to Rs 2,446 crore. The next in line were Adani Ports and Special Economic Zone (Rs 469 crore), Godrej Consumer (Rs 421 crore), TVS Motor Company (358 crore), Infosys (Rs 339 crore), Interglobe Aviation (Indigo, Rs 288 crore) and Maruti Suzuki (Rs 218 crore).

Others were, namely State Bank of India (SBI), Larsen & Toubro (L&T), Tube Investments of India, Avenue Supermarts, Axis Bank, Bharti Airtel, Shree Cement and Divi’s Laboratories with block deals between Rs 212 crore and Rs 132 crore.

The data has been compiled by brokerage firm Nuvama and pertains to deals done this week between 8:45 am and 3:30 pm.




Source: Nuvama

The midcap segment was the real hero where a dozen companies witnessed prominent block deals on the screen which were worth Rs 1,647 crore. The leader in the pack was Poonawalla Fincorp with the deal size amounting to Rs 301 crore followed by APL Apollo Tubes (Rs 154 crore), Prestige Estates (Rs 150 crore) and FSN E-Commerce (Nykaa, Rs 141 crore). The others were PB Fintech (Policybazaar), Max Financial, Fortis Healthcare, Rail Vikas Nigam Limited (RVNL), Thermax, Delhivery, Power Finance Corporation and Max Healthcare which saw deals between Rs 130 crore and 92 crore.




Source: Nuvama


As for the smallcap stocks, block deals worth Rs 2,575 crore were struck in 12 companies. The number one spot went to HEG (Rs 443 crore) followed by Cigniti Technologies (Rs 423 crore) and Garden Reach Shipbuilders (Rs 266 crore). The others were Mazagon Dock Shipbuilders, Cochin Shipyard, Medplus Health, Religare Enterprises, Restaurant Brands Asia, Global Health (Medanta), Transformers and Rectifiers, Ramkrishna Forgings and Narayana Hrudayalaya which saw deals between Rs 262 crore and 103 crore.



Source: Nuvama

Nuvama also reported prominent bulk, block and insider deals in 10 stocks with details of buyers and sellers. Among them were Cigniti Technologies where Ashika Credit Capital was a seller while Coforge was the buyer.

Godrej Seeds & Genetics, Sng Successor Trust and HNG Family Trust were buyers or sellers. While Godrej bought shares worth Rs 418 crore, the other two collectively sold shares by as much amount. In Religare Enterprises, Plutus Wealth sold shares worth Rs 170 crore while Societe Generale bought shares worth Rs 121 crore.

Nazara Technologies, Yatharth Hospital and Trauma Care Services, Restaurant Brands, Pearl Global, SG Finserve, Orient Cement and Sakuma Exports.

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