MAJOR BLOCK DEALS
Block deals worth over Rs 9,947 crore this week. HDFC Bank, Infosys, Adani Ports among stocks with major 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 Consu...
06 Jul, 2024, 11.25 AM ISTAfter 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 In...
01 Jul, 2024, 11.41 AM ISTHindustan 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.
26 Jun, 2024, 01.00 PM IST- ADVERTISEMENT
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, involv...
22 Jun, 2024, 01.50 PM ISTIndian rupee hits new lifetime low against US dollar. Are record block deals the culprit? The Indian rupee fell to a lifetime low of 83.62 against the US dollar on Thursday. Record block deals worth Rs 23,000 crore on Wednesday, which included Vodafone Plc's stake sale in Indus Towers, is said to be among the triggers behind the INR slid...
20 Jun, 2024, 04.20 PM ISTRecord block deals! Dalal Street scores Rs 23,000 crore screamer, from a Voda assist Indian stock markets hit a milestone with record block deals worth ₹23,000 crore, driven by Vodafone Group's stake sale in Indus Towers.
20 Jun, 2024, 09.05 AM ISTBharti Airtel buys extra 1% in Indus, boosts stake in towerco to Rs 48.95% Bharti Airtel acquires 1% stake in Indus Towers, increasing ownership to 48.95%. Airtel aims to strengthen Indus amidst Vodafone Idea's financial challenges.
19 Jun, 2024, 11.18 AM ISTMorgan Stanley buys 3.13 crore shares of L&T Finance for Rs 534 crore via block deal Bain Capital sold 8.82 crore shares of the company through its affiliates BC Asia Investment VI and BC Asia Growth Investment. For sometime, it has been planning a complete exit from L&T Finance by selling its existing stake.
13 Jun, 2024, 08.48 PM ISTL&T Finance shares surge 5% after Bain Capital dilutes stake via block deal L&T Finance shares surged 5% to an all-time high of Rs 179 as Bain Capital sold 8.82 crore shares in a block deal. The private equity giant, aiming for a complete exit, divested its 3.5% stake through affiliates BC Asia Investment VI and BC Asia Gro...
13 Jun, 2024, 11.05 AM ISTIndiGo promoter sells about 2% share After the share sale, the Rahul Bhatia owned company will continue to remain IndiGo’s largest shareholder with around 35.7% stake in the company.
11 Jun, 2024, 09.17 PM ISTDutch infrastructure major Ferrovial pruning stake in IRB infrastructure via block deal Cintra has offered 301 million shares for sale with a floor price between ₹63 and ₹70.16 per share, representing a 10% discount from the lower end compared to Monday's closing price. Jefferies and HSBC are the bankers for the deal.
10 Jun, 2024, 10.24 PM ISTPromoter 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 ...
10 Jun, 2024, 08.43 PM ISTBlackstone may sell up to 15% stake in IT major Mphasis for Rs 6,697 crore Blackstone may sell up to 15% stake in IT major Mphasis for Rs 6,697 crore through a block deal. Blackstone holds 55.45% in Mphasis. Mphasis specializes in cloud and digital solutions.
07 Jun, 2024, 11.34 PM ISTGeneral Atlantic Singapore likely to sell up to 6.8% stake in KFin Technologies for Rs 833 crore via block deal: Report General Atlantic is a part of the promoter group which holds a stake in KFin Technologies. In December, General Atlantic had sold a nearly 10% stake in KFin or 1,70,00,000 shares of the company at Rs 500.25 apiece. It made a profit of Rs 851 crore.
29 May, 2024, 09.04 PM ISTWarburg Pincus exits Apollo Tyres by offloading Rs 1,072 crore worth stake The leading global PE firm offloaded about 3.5% stake or 2.24 crore shares. Goldman Sachs, Morgan Stabley, Mirae Asset MF, Societe Generale, Citigroup, ICICI Pru MF bought stakes. Mutual funds have a significant 16.77% stake and foreign investors ho...
22 May, 2024, 07.05 PM ISTCipla promoters sell 2.53% stake for around Rs 2,600 crore Promoters of Cipla, including Person Acting in Concert, sold 2.04 crore shares in a block deal worth around Rs 2,600 crore to create liquidity for specific needs, including philanthropy. After the stake sale, the entire promoter group holds 31.67% i...
15 May, 2024, 10.13 AM ISTStocks in news: PFC, Mankind Pharma, Patanjali Foods, Bharti Airtel, Siemens, Cipla Benchmark equities surged for the third consecutive day on Tuesday. PFC, Mankind Pharma, Patanjali Foods, Bharti Airtel, Siemens, and Cipla are in focus for news developments and quarterly results. RVNL, Dixon, and Titagarh will also announce their ...
15 May, 2024, 07.08 AM ISTPromoter group entities likely to sell 2.5% stake in Cipla worth Rs 2,637 crore via block deals: Report The price range of the block is fixed at Rs 1,289-1,357, taking the total deal value to around Rs 2,637 crore.
14 May, 2024, 07.50 PM ISTRs 8,300 crore worth block deals take place this week; SBI, Zomato and Vodafone Idea see major action In the largecap segment, 15 companies witnessed significant block deals which were worth Rs 5,731 crore, led by Kotak Mahindra Bank with 24 block counts, totalling Rs 1,500 crore.
11 May, 2024, 11.00 AM ISTBlock deals worth over Rs 10,851 crore this week. Tata Technologies, Adani Ports among stocks with major action The leader in the midcap segment was Gland Pharma with deal size standing at Rs 1,559 crore followed by Tata Technologies (Rs 400 crore), Fortis Healthcare (Rs 185 crore) and IDFC First Bank (Rs 177 crore).
13 Apr, 2024, 11.26 AM IST