The following is a list of four stocks that witnessed notable price movements during Friday’s trading session, following significant bulk and block deal transactions executed on the stock exchanges on 19th and 20th June. These fluctuations reflect investor sentiment and market reactions to the large-scale buying or selling activities observed during the period.
Le Travenues Technology Limited
With a market cap of Rs. 6,947.2 crores, the stock moved up by nearly 2.2 percent on BSE, rising to Rs. 180 on Friday. As per the latest bulk deal on BSE, a foreign institutional investment (FII), Schroder International Selection Fund Asian Total Return, purchased around 53.7 lakh equity shares, equivalent to a 1.38 percent stake, in Le Travenues. The transaction was valued at nearly Rs. 97 crores, executed at an average price of Rs. 180.5 per share.
On the sell side, foreign investor Saif Partners India IV Limited offloaded the same number of shares at the same average price. As per the latest shareholding pattern, Saif Partners India IV Limited held a 14.02 percent stake in the company.
Le Travenues Technology Limited is engaged in the business of running online platforms named ixigo, confirmtkt, and abhibus, for providing information and booking services for the travel industry across airlines, trains, hotels, buses, and cabs in real-time. The company also provides software development and maintenance services to its customers.
Sai Life Sciences Limited
With a market cap of Rs. 15,052.6 crores, the stock moved up by nearly 5 percent on BSE, rising to Rs. 766.55 on Friday. According to a few sources, TPG Asia VII SF PTE Limited, a foreign investor and global asset management firm, is expected to offload about 1.25 crore equity shares—representing a 6 percent stake—in Sai Life Sciences Limited via block deals. The transaction is estimated to be valued at around $102 million (~Rs. 880-888 crore), with an expected base price of Rs. 710 per share. As per the latest shareholding pattern, TPG Asia VII SF PTE Limited held a 24.73 percent stake in the company.
Sai Life Sciences Limited is an innovator-focused contract research, development, and manufacturing organisation (CRDMO). The company provide end-to-end services across the drug discovery, development and manufacturing value chain, for small-molecule NCE to global pharmaceutical innovator companies and biotechnology firms.
Diamond Power Infra Limited
With a market cap of Rs. 5,406.7 crores, the stock moved up by nearly 3 percent on BSE, rising to Rs. 104.5 on Friday. Unicon Suppliers Private Limited offloaded 48 lakh equity shares, equivalent to a 0.91 percent stake, in Diamond Power via a bulk deal transaction on NSE. The transaction was valued at nearly Rs. 48 crores, executed at an average price of Rs. 100.09 per share. Diamond Power Infrastructure Limited is engaged in the manufacturing of conductors, cables and transmission towers.
Zee Media Corporation Limited
With a market cap of Rs. 835.5 crores, the stock moved up by nearly 2 percent on BSE, rising to Rs. 13.58 on Friday. AUV Innovations LLP purchased 1.11 crore equity shares, equivalent to a 1.77 percent stake, in Zee Media via a bulk deal transaction on NSE. The transaction was valued at nearly Rs. 15 crores, executed at an average price of Rs. 13.55 per share.
On the sell side, Miloeux Media & Entertainment Private Limited offloaded around 87.2 lakh equity shares, representing a 1.39 percent stake, at an average price of Rs. 13.57 per share.
Zee Media Corporation Limited is mainly engaged in the business of broadcasting satellite television channels such as news/current affairs, regional language channels, and the sale of television programs and content.
Written by Shivani Singh
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