Synopsis:
Institutional offloading is the sale of large quantities of shares by major players like brokerage firms. Unlike small-scale transactions by individual investors, these are massive, pre-arranged trades often done to avoid market disruption.
Brokerage firms, such as BNP Paribas Financial Markets, act as intermediaries, selling shares on behalf of their clients, which can include wealthy individuals or corporations. BNP Paribas Financial Markets, a unit of a French banking group, executed several significant share sales of Vishal Mega Mart Limited, Hitachi Energy India Limited, and Waaree Energies.
The firms where BNP Paribas Financial Markets has sold its stake include:
1.Vishal Mega Mart Limited
Vishal Mega Mart is a large retail chain that offers a variety of products, including clothing, groceries, electronics, and household items. The shares of Vishal Mega Mart Limited are trading at Rs.153.55, up by 0.23 percent from its previous day closing price of Rs.153.20.
BNP Paribas Financial Markets offloaded 5,53,09,783 crores shares of Vishal Mega Mart Limited at an average price of Rs.152.80 per share, with the total transactions amounting to Rs.845 crore.
Revenue from operations rose from Rs.2,596.2 crores in Q1FY25 to Rs.3,140.3 crores in Q1FY26, accompanied by a net profit that rose from Rs.150 crores in Q1FY25 to Rs.206 crores in Q1FY26.
It has delivered a ROE and ROCE of 6.58 percent and 10.3 percent. The stock’s PE is 104.09, which is above the industry PE ratio of 74.3, suggesting the share may be overvalued compared to its peers.
2. Hitachi Energy India Limited
The company is a leading player in the power technology sector that offers sustainable solutions for efficient and reliable generation, transmission, and distribution of energy from both conventional and renewable sources.
It has a strong domestic and global presence in manufacturing electric motors, generators, transformers, and power distribution equipment, and has a presence across India, Asia, the Middle East, Africa, Europe, and America. The shares of Hitachi Energy India Limited are trading at Rs.19,772.30, down by 9.30 percent from its previous day closing price of Rs.19,781.60.
BNP Paribas Financial Markets offloaded 4,19,164 crores shares of Hitachi Energy India Limited at an average price of Rs.19,794.72 per share, with the total transactions amounting to Rs.829 crore.
Revenue from operations rose from Rs.1,293.33 crores in Q1FY25 to Rs.1,429.35 crores in Q1FY26, accompanied by a net profit that rose from Rs.10.42 crores in Q1FY25 to Rs.131.60 crores in Q1FY26.
It has delivered a ROE and ROCE of 13.8 percent and 19.4 percent. The stock’s PE is 175.89, which is above the industry PE ratio of 46.34, suggesting the share may be overvalued compared to its peers.
3. Waaree Energies Limited
Waaree Energies Limited is one of the major players in the solar energy industry in India. Presently, it is engaged in the manufacture of Solar Photovoltaic Modules, setting up of projects in the solar space, and the sale of electricity.
It operates three manufacturing facilities comprising four factories in India. The company operates five manufacturing plants in India and also has an international presence. The shares of Waaree Energies Limited are trading at Rs.3,393.95, up by 4.12 percent from its previous day closing price of Rs.3,259.65.
BNP Paribas Financial Markets offloaded 17,83,703 crores shares of Waaree Energies of Limited at an average price of Rs.3,266.21 per share, with the total transactions amounting to Rs.583 crore.
Revenue from operations rose from Rs.3,408.90 crores in Q1FY25 to Rs.4,425.83 crores in Q1FY26, accompanied by a net profit that rose from Rs.401.13 crores in Q1FY25 to Rs.772.89 crores in Q1FY26.
It has delivered a ROE and ROCE of 27.6 percent and 35.1 percent. The stock’s PE is 44.13, which is above the industry PE ratio of 39.89, suggesting the share may be overvalued compared to its peers.
Written By Jhanavi Sivakumar
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