The following is a list of six stocks that witnessed notable price movements during Monday’s trading session, following significant bulk deal transactions executed on the stock exchanges on 20th June. These fluctuations reflect investor sentiment and market reactions to the large-scale buying or selling activities observed during the period.
Northern Arc Capital Limited
With a market cap of Rs. 3,687 crores, the stock moved up by nearly 13 percent on BSE, rising to Rs. 234.85 on Monday. As per the latest bulk deal on NSE, a foreign portfolio investor (FPI), Cohesion MK Best Ideas Sub-Trust, purchased 10 lakh equity shares, equivalent to a 0.62 percent stake, in Northern Arc Capital. The transaction was valued at nearly Rs. 21 crores, executed at an average price of Rs. 208.83 per share. Additionally, BNP Paribas Financial Markets bought around 8.67 lakh shares (0.54 percent stake) in the company for Rs. 17.5 crores, at Rs. 202.46 apiece.
On the sell side, 360 ONE Special Opportunities Funds via three funds offloaded a total of nearly 1.94 crore shares, or a 12.02 percent stake, bringing the total deal transaction to about Rs. 382 crores, at an average price between Rs. 195.71 and Rs. 198.74 per share.
Northern Arc Capital Limited is registered as a non-deposit taking NBFC engaged in the business of lending to provide liquidity and develop access to debt capital markets for institutions and providing loans for personal, business, education and mortgage purposes to individuals.
Prostarm Info Systems Limited
With a market cap of Rs. 807.5 crores, the stock moved up by nearly 7.4 percent on BSE, rising to Rs. 140.95 on Monday. PG Foils Limited offloaded around 3.8 lakh equity shares in Prostarm Info Systems Limited via a bulk deal on NSE. The transaction was valued at nearly Rs. 5 crores, executed at an average price of Rs. 130.07 per share. Prostarm Info Systems Limited is engaged in the business of designing, manufacturing, and selling energy storage and power conditioning equipment.
Solara Active Pharma Sciences Limited
With a market cap of Rs. 2,591 crores, the stock moved up by nearly 2.5 percent on BSE, rising to Rs. 544.1 on Monday. FSSA Indian Subcontinent Fund offloaded around 2.24 lakh equity shares, equivalent to a 0.51 percent stake, via a bulk deal on NSE. The transaction was valued at nearly Rs. 12 crores, executed at an average price of Rs. 538.11 per share.
Solara Active Pharma Sciences Limited is a global Active Pharmaceutical Ingredients (API) company engaged in the manufacturing and development of APIs and offering contract manufacturing and development services for global companies.
Vishal Mega Mart Limited
With a market cap of Rs. 60,373 crores, the stock moved down by nearly 3 percent on BSE, falling to Rs. 125.75 on Monday. Vanguard Emerging Markets Stock Index Fund A Series of VIEIF and Vanguard Total International Stock Index Fund purchased a total of around 5 crore equity shares, equivalent to a 1.08 percent stake, in VMM through a bulk deal on NSE. The transaction was valued at nearly Rs. 655.2 crores, executed at an average price of Rs. 129.74 per share. Vishal Mega Mart is a hypermarket chain involved in the business of selling a wide range of products like apparel, groceries, electronics, and home essentials.
Radiant Cash Management Services Limited
With a market cap of Rs. 660 crores, the stock moved down by nearly 2 percent on BSE, falling to Rs. 62.06 on Monday. Trishakti Power Holdings Private Limited purchased around 11.6 lakh equity shares, equivalent to a 1.09 percent stake, in Radiant Cash Management Services via a bulk deal on BSE. The transaction was valued at nearly Rs. 7 crores, executed at an average price of Rs. 60.75 per share.
On the sell side, Ascent India Fund III offloaded 17.6 equity shares (or a 1.65 percent stake) at Rs. 60.76 per share, amounting to Rs. 10.7 crores. Radiant Cash Management Services Limited is engaged in the business of cash logistics services, cash van operations, and related services.
Warren Tea Limited
With a market cap of Rs. 64.2 crores, the stock moved up by nearly 2 percent on BSE, rising to Rs. 53.85 on Monday. Promoter Vinay Kumar Goenka offloaded around 9.2 lakh equity shares, equivalent to a 7.7 percent stake, in Warren Tea via a bulk deal on BSE. The transaction was valued at nearly Rs. 5 crores, executed at an average price of Rs. 53 per share. Pressman Properties Private Limited purchased 9.1 lakh equity shares, or a 7.61 percent stake, at the same average price.
Warren Tea Limited is diversified into the manufacturing of sugar and other downstream products as part of its growth plans. It is in the business of plantation, processing, and sale of tea.
Written by Shivani Singh
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