The following is a list of three stocks that witnessed notable price movements during Monday’s trading session, following significant bulk deal transactions executed on the stock exchanges on 24th June. These fluctuations reflect investor sentiment and market reactions to the large-scale buying or selling activities observed during the period.
Capital Trust Limited
With a market cap of Rs. 175.4 crores, the stock moved down by nearly 4 percent on BSE, falling to Rs. 73.01 on Wednesday. As per the latest bulk deal on BSE and NSE, the promoter Yogen Khosla offloaded a total of around 2.5 lakh equity shares, equivalent to a 1.09 percent stake, in Capital Trust Limited. The total deal transaction was valued at nearly Rs. 2 crores, executed at an average price between Rs. 76.84 to Rs. 78.49 per share. As per the latest shareholding pattern with the BSE, the promoter Yogen Khosla held a 33.91 percent stake in the company.
Capital Trust Limited is a Non-Deposit-taking Systemically Important (ND-SI) registered with the Reserve Bank of India and is engaged in the business of providing loans to Small and Micro Enterprises.
Hilton Metal Forging Limited
With a market cap of Rs. 161.5 crores, the stock moved down by nearly 4.9 percent on BSE, falling to Rs. 65.6 on Wednesday. The promoter Yuvraj Hiralal Malhotra offloaded around 5.9 lakh equity shares, equivalent to a 2.49 percent stake, in Hilton Metal Forging via a bulk deal on NSE. The transaction was valued at nearly Rs. 4 crores, executed at an average price of Rs. 68.7 per share.
Additionally, on 23rd June, Yuvraj Hiralal Malhotra offloaded a total of about 19 lakh equity shares, or an 8.05 percent stake in the company, via a bulk deal from NSE and BSE. As per the latest shareholding pattern with the BSE, the promoter Yuvraj Hiralal Malhotra held a 24.95 percent stake in the company.
Hilton Metal Forging Limited is primarily engaged in the business of manufacturing iron and steel forgings, flanges, and forged fittings for the oil & gas industry, petrochemicals, railways, automobiles, and refinery industries.
Knowledge Marine & Engineering Works Limited
With a market cap of Rs. 1,857 crores, the stock moved down by nearly 2 percent on BSE, falling to Rs. 1,671.4 on Wednesday. Bandhan Mutual Fund offloaded nearly 1.67 lakh equity shares, equivalent to a 1.55 percent stake, in Knowledge Marine. The transaction was valued at nearly Rs. 28.5 crores, executed at an average price of Rs. 1,705 per share.
On the buy side, Setu Securities Private Limited purchased 58,976 equity shares (or a 0.55 percent stake) at Rs. 1,702.3 per share, amounting to about Rs. 10 crores. Knowledge Marine & Engineering Works Limited is engaged in the business of providing dredging services, owning, chartering/hiring, along with manning, operation, and technical maintenance of marine crafts, repairs/maintenance of marine crafts and marine infrastructure, and allied works in India.
Written by Shivani Singh
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