Synopsis:
Dodla Dairy stock dipped as a promoter sold a stake worth Rs. 59.5 Cr. Meanwhile, First Water Fund acquired stakes in Jindal Poly Films and Polyplex Corp via block deals worth Rs. 36 Cr combined.
The following is a list of three stocks that witnessed notable price movements during Monday’s trading session, following significant bulk and block deal transactions executed on NSE on 25th July. These fluctuations reflect investor sentiment and market reactions to the large-scale buying or selling activities observed during the period.
Dodla Dairy Limited
With a market cap of Rs. 7,869 crores, the stock moved down by nearly 2 percent on BSE, falling to Rs. 1,273.65 on Monday. As per the latest bulk deal on NSE, a part of the Promoter Group, Bommi Surekha Reddy, offloaded 4.65 lakh equity shares, equivalent to a 0.77 percent stake, in Dodla Dairy. The total deal transaction was valued at nearly Rs. 59.5 crores, executed at an average price of Rs. 1,280.68 per share.
Dodla Dairy Limited is engaged in the business of processing/production of milk and production of milk products, offering a wide range of milk products, comprising fresh milk, butter, ghee, paneer, curd, flavoured milk, doodh peda, ice cream, skimmed milk powder and other dairy products.
Jindal Poly Films Limited
With a market cap of Rs. 2,618.4 crores, the stock moved up by nearly 0.6 percent on BSE, rising to Rs. 600.5 on Monday. Alternative Investment Fund (AIF), First Water Fund, bought around 1.88 lakh equity shares, equivalent to a 0.43 percent stake, in Jindal Poly Films via a block deal on NSE. The deal transaction was valued at nearly Rs. 11.3 crores, executed at an average price of Rs. 600 per share.
Jindal Poly Films Limited is in the business of manufacturing Biaxially-Oriented Polyethylene Terephthalate (BOPET) and Biaxially Oriented Poly Propylene Films (BOPP films), Cast Poly Propylene Films (CPP films), metallised films, coated films, medical films, thermal lamination films, and capacitor films.
Polyplex Corporation Limited
With a market cap of Rs. 3,551 crores, the stock moved up by nearly 0.6 percent on BSE, rising to Rs. 1,141.55 on Monday. As per the latest block deal on NSE, Alternative Investment Fund (AIF), First Water Fund, bought around 2.23 lakh equity shares, equivalent to a 0.71 percent stake, in Polyplex Corp. The deal transaction was valued at nearly Rs. 25 crores, executed at an average price of Rs. 1,120 per share.
Polyplex Corporation Limited is principally engaged in the business of manufacturing plastic films. The company operates a total base film capacity of ~4.36 lakh MTPA, and has two manufacturing plants located in India at Khatima and Bazpur, both in Uttarakhand.
Written by Shivani Singh
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