The following is a list of three stocks that witnessed notable price movements during Thursday’s trading session, following significant bulk deal transactions executed on the stock exchanges on 18th June. These fluctuations reflect investor sentiment and market reactions to the large-scale buying or selling activities observed during the period.
S Chand and Company Limited
With a market cap of Rs. 874 crores, the stock moved up by nearly 3 percent on BSE, rising to Rs. 257.5 on Thursday. As per the latest bulk deal on NSE, Rational Equity Flagship Fund I purchased around 1.94 lakh equity shares, equivalent to a 0.55 percent stake, in S Chand & Company. The transaction was valued at nearly Rs. 4.8 crores, executed at an average price of Rs. 248.74 per share.
S Chand and Company Limited is principally engaged in the business of publishing books with products ranging from school books, higher academic books, competition and reference books, technical and professional books, and children’s books.
Bajaj Auto Limited
With a market cap of Rs. 2.38 lakh crores, the stock moved up by nearly 1 percent on BSE, rising to Rs. 8,552.9 on Thursday. Part of the Promoter Group, Bachhraj & Co Private Limited, purchased 12,000 equity shares in Bajaj Auto via a block deal on NSE. The transaction was valued at nearly Rs. 10.2 crores, executed at an average price of Rs. 8,530 per share. On the sell side, part of the Promoter Group, Siddhant Family Trust, offloaded the same number of shares at the same average price.
As per the latest shareholding pattern, Bachhraj & Co Private Limited held a 1.3 percent stake in the company, while Siddhant Family Trust held a 0.08 percent stake.
Bajaj Auto Limited is engaged in the business of development, manufacturing and distribution of automobiles such as motorcycles, commercial vehicles, EVs, etc., and parts thereof.
Inventurus Knowledge Solutions Limited
With a market cap of Rs. 28,275 crores, the stock moved down by nearly 4.3 percent on BSE, falling to Rs. 1631 on Thursday. According to sources, around 30 lakh shares amounting to a total value of Rs. 499 crores were traded on 19th June. The shares changed hands at a floor price of Rs. 1,659 per share, and it’s believed that the sellers in this large transaction were individual investors. As per the latest shareholding pattern, promoter Rekha Rakesh Jhunjhunwala holds a 0.23 percent stake in Inventurus Knowledge Solutions.
Inventurus Knowledge Solutions Limited, a technology-enabled healthcare solutions provider, offers a comprehensive platform that enables healthcare enterprises across outpatient and inpatient care organisations, enabling healthcare organisations to deliver superior clinical care, improve population health outcomes, and transition to the ‘fee for value’ model.
Written by Shivani Singh
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