A block deal is a large, pre-arranged transaction in which big investors such as institutions, mutual funds, or foreign investors buy or sell a significant quantity of shares in one go. These trades are executed in a separate window to avoid major price swings. Block deals often signal strategic moves, portfolio adjustments, or shifts in institutional confidence.
Here are Stocks in focus after a prominent investor bought & sold shares via Block Deals:
Rain Industries
Rain Industries is a global player in calcined petroleum coke, coal tar pitch, and advanced materials serving aluminium, steel, and chemical industries. With manufacturing assets across multiple countries, the company benefits from integrated operations, long-term contracts, and strong export presence. It continues to focus on efficiency, specialty products, and margin stability.
With a market capitalization of Rs 4,029.42 crore, the shares were trading at Rs 119.80 per share, increasing around 2.44 percent as compared to the previous closing price.
According to the exchange, First Water Fund, owned by First Water Capital Advisors, bought an additional 26 lakh shares (0.77% stake) in a coal tar pitch and other specialty chemicals producer at an average price of Rs 120 per share for Rs 31.2 crore.
Meanwhile, Haresh Tikamdas Kaswani and K2 Family Private Trust were the sellers in this block deal, offloading 12 lakh shares for Rs 14.4 crore and 14 lakh shares for Rs 16.8 crore, respectively, in Rain Industries.
Shaily Engineering Plastics
Shaily Engineering Plastics is a precision polymer engineering company supplying high-quality plastic components to healthcare, consumer, automotive and FMCG sectors. Known for its strong design capabilities, regulatory compliance and global client base, it specializes in complex, high-precision moulding. The company focuses on value-added products and expanding its medical and export portfolio.
With a market capitalization of Rs 12,732.55 crore, the shares were trading at Rs 2,770.65 per share, increasing around 6 percent as compared to the previous closing price.
According to NSE, Promoters, Amit Mahendra Sanghvi, and Laxman Sanghvi offloaded 1.5 lakh shares, which is equivalent to a 0.32 percent stake in the company at Rs 2,585.1 per share for Rs 38.77 crore. However, Morgan Stanley IFSC Fund, SI Investments Broking, and Motilal Oswal MF picked the same number of shares (0.32 percent stake) in Shaily from promoters.
Pine Labs
Pine Labs is a leading merchant commerce platform offering payment solutions, POS devices, and fintech services to retailers across India and Southeast Asia. Its ecosystem supports digital payments, loyalty programs, and credit offerings. With strong technology capabilities, the company continues to scale merchant services and expand its presence in digital financial infrastructure.
With a market capitalization of Rs 29,149.00 crore, the shares were trading at Rs 253.85 per share, increasing around 1.01 percent as compared to the previous closing price.
According to BSE, Morgan Stanley Asia (Singapore) picked up 14.09 lakh shares (0.1 percent stake) in the fintech company at Rs 257.5 per share for Rs 36.28 crore from UBS AG.
Written by Abhishek Singh
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