DEAL PRICING
After a robust debut, Morgan Stanley picks up 3.5 lakh shares in Stanley Lifestyles for Rs 16.7 crore
The shares were acquired through a bulk deal at Rs 478.9 each. In the same transaction, Oman India Joint Investment Fund sold approximately 40.7 lakh shares, according to BSE data. Separately, on the NSE, Franklin Templeton Mutual Fund and Nippon India Mutual Fund purchased 11 lakh and 5 lakh shares in Stanley, respectively.
SAMHI Hotels block deals: Morgan Stanley, Abu Dhabi Investment Authority buy shares worth Rs 79 crore
Morgan Stanley Asia Singapore Pte acquired around 31 lakh shares, while ADIA purchased 11.35 lakh shares. Together, their combined investment amounts to Rs 79 crore.
Shares of India Cements rally over 30% in one week as UltraTech deal impresses investors
India Cements' shares soared by 33% this week after UltraTech Cement acquired a 24% stake. The move pits UltraTech against competitors like Adani group in the quest for market share dominance, highlighting the ongoing consolidation in the cement industry.
Goldman Sachs buys 6.28 lakh shares of Archean Chemical worth Rs 41 crore via block deal
The stock has returned 21% over the last year, underperforming the Nifty's 28%. However, it's currently trading above both its 50-day and 200-day moving averages, suggesting positive momentum.
Promoters to sell a 2.04% stake in Polycab India on Friday
The promoters owned a 65.24% stake in the company as of March 31, 2024. Shares of Polycab have rallied 28% so far this year, compared to a 10% gain in the Sensex.
HCL Technologies to see block deal worth Rs 1,757 crore on Friday
HCL Technologies is likely to see a block deal worth Rs 1,757 crore (approximately $200 million) on Friday, according to a term sheet issued by Citigroup.
- Go To Page 1
Radhakishan Damani sells 6.91 crore shares of India Cements to UltraTech for Rs 1,914 crore in block deal
The sale was done at an average price of Rs 277 apiece. Through the deal, Damani and his controlled entities bagged around Rs 1,914 crore.
Five entities sell 11% stake in Hindustan Foods for Rs 638 crore
Jwalamukhi Investment Holdings, Infinity Consumer Holdings, WestBridge AIF I, Sixth Sense India Opportunities 11, and Konark Trust sold shares of Hindustan Foods in five separate block deals on the National Stock Exchange.
BlackRock buys 9.46 lakh shares in Titagarh Rail for 153 crore via block deal
Bulk deal data from the BSE reveals that Rashmi Chowdhary sold more than 26.93 lakh shares at Rs 1,618 each, netting approximately Rs 436 crore from the transaction. Chowdhary, a promoter of the railway sector company, owned over 1.28 crore shares, representing a 9.52% stake as of the end of March, as per the shareholding information available on the NSE.
Fairfax Group to sell a 9.72% stake in CSB Bank via block deal
FIH Mauritius Investments is likely to sell a 9.72% stake in CSB Bank on Thursday through block deals to raise about Rs 595 crore. According to the term sheet issued by the banker IIFL, FIH Mauritius is expected to sell 1.68 crore shares in the Kerala-based bank at a floor price of Rs 352.4 per share.
Hindustan Foods shares zoom 15% after stake sale via block deal
Shares of the FMCG major Hindustan Foods (HFL) surged 15% today on BSE to Rs 582.50 after a likely equity stake sale of 11.1% via a block deal on Wednesday. The deal size is said to be approximately worth Rs 720 crore.
Anil Agarwal likely pares Vedanta stake in large block deal, shares drop 6%
The promoters of Vedanta have reportedly sold 17.1 crore shares of the company and the transaction value is estimated to be around Rs 7,000-8,0000 crore. The official buyers and sellers of the transaction are not yet known.
Block deal: Goldman Sachs Funds sells nearly 48 lakh shares for Rs 50 crore in Restaurant Brands Asia
Goldman Sachs sells additional stake in RBA, the second within two weeks. On June 14, the firm sold shares worth Rs 43 crore at Rs 105.53 each, a 1.30% discount.
CarTrade Tech block deal: Royal Bank of Scotland buys shares worth Rs 41 crore in this smallcap counter
A news report indicates that block deals involving 71 lakh shares, or 15.1% of the equity, were executed for the company. CMDB II, a private equity fund managed by JP Morgan Investment Management, was among the sellers, offloading 3,60,411 shares at Rs 830.27 each, totaling Rs 30 crore in the transaction.
Block deals worth over Rs 40,543 crore this week. Indus Towers, HAL, Suzlon Energy among stocks with major action
Despite the Nifty index closing the shortened trading week with a slight increase of 0.4%, significant activity was observed in block deals. Over three dozen companies across various market caps saw block deals worth a total of ₹40,543 crore, involving both buying and selling.
Anil Agarwal likely to sell a 2.5% stake in Vedanta
Vedanta Resources, which holds a majority stake in Vedanta, is reportedly considering selling a 4-5% stake in the company. The deal could be facilitated by an international bank and is expected to capitalise on the recent surge in Vedanta's share price.
Olympus Capital Asia divests 9% stake in Aster DM Healthcare for Rs 1,530 crore
According to bulk deal data from BSE, Olympus Capital Asia Investments sold 4.50 crore shares, equivalent to a 9% stake in Aster DM Healthcare, in two tranches. The shares were sold within the price range of Rs 340 to Rs 340.13 each, totalling Rs 1,530.08 crore.
Morgan Stanley buys 1.7 cr shares of Axis Bank for Rs 2,083 crore
According to bulk deal data from the NSE, Morgan Stanley acquired 17,000,000 shares, representing a 0.5% stake in Axis Bank. The shares were purchased at an average price of Rs 1,225.75 each, totalling Rs 2,083.77 crore.
Suzlon Energy shares hit 5% upper circuit amid block deal
Suzlon Energy's shares surged 5% to Rs 51.3 on BSE due to a reported block deal, where 0.3% of its equity changed hands. Details on the transaction's participants remain undisclosed. By 10:38 am, the stock traded 4% higher at Rs 50.9. Over the past year, Suzlon has delivered impressive returns, rallying 256%, and over two years, it surged 680%.
ET Explainer: What are block and bulk deals?
Block deals involve large investors and do not impact stock prices in real time.
Vodafone sells 18% stake in Indus Towers for Rs 15,300 crore to repay debt
Vodafone PLC said it has sold 484.7 million shares in Indus Towers and raised Rs 15,300 crore (€1.7 billion) in gross proceeds which will be used to repay debt. Shares of Indus Towers fell 6% to Rs 320.60, while Vodafone Idea stock were trading 2% higher at Rs 17.25.
Gland Pharma shares tumble over 3% after Fosun Pharma likely sells 6.2% stake via block deal
Shares of Gland pharma fell 3.7% as Shanghai-based Fosun Pharma offloaded a 6.2% stake in a block deal managed by UBS, decreasing its holding from 75% to 58.36%.
Indus Towers block deal size increased to 17.98% from 9.94%
The term sheet issued on Tuesday stated that Vodafone PLC would sell a 9.94% stake in the tower company. The shares are expected to be sold in the price range of Rs 310 to 341, representing a discount of 9.9% to 0.8% from Tuesday’s closing price. At the upper end of this range, the deal is expected to raise Rs 16,528 crore, or $1.8 billion.
Goldman Sachs sells 44.20 lakh shares worth Rs 183 crore in Paytm via block deal
As per the shareholding data of One 97 Communications, Goldman Sachs Singapore held 84,01,067 shares or 1.32% stake in the fintech payment platform. Paytm shares on Tuesday settled in the red, breaking their two-sessions winning streak.
Block deal impact: Mamaearth shares fall 4% as 66 lakh shares change hands
Mamaearth Share Price: Shares of Honasa Consumer, owner of Mamaearth, dropped 4% post a block deal where 66.20 lakh shares exchanged at Rs 439 each, totaling Rs 291 crore. The deal, equivalent to a 2% stake, likely saw Fireside Ventures and Sofina Ventures as sellers, both holding significant stakes in Honasa Consumer.
Promoter Blackstone sells 15% stake in Mphasis for Rs 6,700 crore
Blackstone held a majority stake in the IT firm at 55% as of March. Now it's down to 40%, but still, it's the largest shareholder. Mutual funds hold 13.88% and foreign investors like Nomura hold 14.86%. According to the exchange data, marquee funds including Kotak MF, Morgan Stanley, Societe Generale picked up stakes in the transaction.
Block Deal Buzz: Blackstone offloads 15% stake in Mphasis worth Rs 7,000 crore; stock drops 4%
Global investment firm Blackstone likely sold a 15% stake in Mphasis, leading to a 3.7% share price drop. It's the year's second-largest block deal. Blackstone, owning 55.45%, will drop to 40.4% after the deal. Mphasis specializes in IT services, especially in BFSI. Last year, shares rose 27.5%, but in 2024, they fell 13.6%.
Block deals worth over Rs 7,640 crore this week. Chandrababu Naidu’s Heritage Foods, Adani Ports see top action
The week was an eventful one. Besides the general election results, D-Street saw some prominent block deals which included over three dozen companies from large, mid and smallcap segments. Shares worth Rs 7,640 crore were traded on screen, which included both buying and selling.
PB Fintech shares climb over 5% amid block deal
PB Fintech, an online insurance aggregator, saw its shares surge by 5.2% to Rs 1,360 in Thursday's trading on the BSE following a block deal. This transaction, valued at around Rs 428 crore, represented a 0.73% stake in the company.
Load More
