The stock market was buzzing with notable bulk and block deals involving major companies like Ajax Engineering, Sat Kartar Shopping, Moksh Ornaments, Nazara Technologies, and TVS Supply Chain Solutions. Here’s a breakdown of the significant transactions that investors need to know:
Morgan Stanley IFSC Fund Sells Stake in Ajax Engineering Morgan Stanley IFSC Fund offloaded 7.58 lakh shares, representing a 0.66% stake in Ajax Engineering. The shares were sold at an average price of Rs 588.74 per share. This sale has caught the attention of market watchers, given Morgan Stanley’s influence.
Generational Capital Breakout Fund 1 Buys into Sat Kartar Shopping Generational Capital Breakout Fund 1 acquired 1.38 lakh shares of Sat Kartar Shopping at an average price of Rs 192.27. On the other hand, Ashika Global Securities Private Limited sold 91,200 shares of the same company at Rs 176.38 per share. This indicates growing investor interest in Sat Kartar Shopping, a stock that has seen increased activity.
Brightful Commercial Picks Up Moksh Ornaments Shares Brightful Commercial Private Limited purchased 5.26 lakh shares of Moksh Ornaments at an average price of Rs 13.06. Simultaneously, Pine Oak Global Fund offloaded 5 lakh shares at the same price, reflecting a shift in institutional holdings.
M Prasad & Co Limited Sells Stake in Nazara Technologies M Prasad & Co Limited sold 5 lakh shares of gaming company Nazara Technologies at an average price of Rs 920.05. As per the latest available data as of December 30, the firm held a 1.3% stake in Nazara Technologies, making this sale a significant move.
TVS Motor’s Strategic Investment in TVS Supply Chain Solutions In a notable block deal, TVS Motor Company Limited bought 20 lakh shares of TVS Supply Chain Solutions at an average price of Rs 128.86. Lallanzers Fin Net Private Limited sold the same quantity of shares at the same price, indicating a strategic buy-in by TVS Motor.
What These Deals Mean for Investors Large bulk and block deals often signal shifts in institutional investor sentiment. When major funds or corporations make these moves, retail investors closely monitor the activity to understand market trends and identify potential growth opportunities.
Stay Updated for Smart Investment Decisions Keeping track of bulk and block deals can provide valuable insights into the market. Follow our page for more updates on stock market trends, bulk deals, and smart investment tips.
