Block and bulk deals involve large transactions executed on stock exchanges. A block deal is defined as a single trade involving at least 5 lakh shares, or a total transaction value of Rs. 10 crore or more. In contrast, a bulk deal is characterised by transactions involving more than 0.5 percent of a company’s total equity shares.
Following are the two stocks that experienced price fluctuations due to the buying or selling activities of different Mutual Funds, promoters and other investors:
Dynamatic Technologies Limited
With a market cap of Rs. 5,440 crores, the shares of a company that designs and builds highly engineered products for aerospace, hydraulic, metallurgy and security applications surged nearly 2 percent on BSE to Rs. 8,246.8 on Monday.
According to the 27th September bulk deal data available with the NSE, the Motilal Oswal Mutual Fund purchased 48 thousand shares in Dynamatic Technologies, at an average price of Rs. 8,043.3 per share, resulting in a total transaction value of nearly Rs. 38.6 crores.
The company has reported a marginal decline in revenue from operations, with around a 4.7 percent YoY decrease from Rs. 363 crores in Q1 FY24 to Rs. 346 crores in Q1 FY25. Similarly, the net profit decreased by 73.2 percent YoY from Rs. 41 crores to Rs. 11 crores, during the same period.
The stock has delivered positive returns of nearly 86.8 percent in one year, as well as around 56.7 percent returns year-to-date.
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Incorporated in 1973, Dynamatic Technologies Limited is engaged in the business of manufacturing automotive components, hydraulics components and aerospace components.
Shivalik Bimetal Controls Limited
With a market cap of Rs. 3,708 crores, the shares of a global leader in the manufacturing of bimetal strips and shunt resistors surged 5.8 percent on BSE to Rs. 658 during the trading session of Monday.
DSP Mutual Fund (MF), Aditya Birla Sun Life MF, Sundaram MF, Franklin Templeton MF, HSBC MF, India Acorn Fund Ltd, SBI MF, UTI MF, and several others have collectively purchased nearly 1.03 crore shares in Shivalik Bimetal at an average price of Rs. 610.6 per share, totalling over Rs. 632 crores.
However, according to the 27th September block deal data available with the NSE, the promoters Amar Engineering Company Private Limited, Angad Estates Pvt Ltd, BS Sandhu & Associates, and Ultra Portfolio Management Private Limited collectively offloaded the same number of shares at the same average price.
The company has reported a marginal decline in revenue from operations, with around a 0.8 percent YoY decrease from Rs. 127 crores in Q1 FY24 to Rs. 126 crores in Q1 FY25. Similarly, the net profit decreased by 14.3 percent YoY from Rs. 21 crores to Rs. 18 crores, during the same period.
The stock has delivered positive returns of nearly 23.5 percent in one year, as well as around 7.5 percent returns year-to-date.
Incorporated in 1984, Shivalik Bimetal Controls Limited is engaged in the business of manufacturing & sales of thermostatic bimetal/trimetal strips, components, spring rolled stainless steels, electron beam welded shunt materials, cold bonded bimetal strips and parts, snap action discs, CNC formed coils of bimetals/trimetals etc.
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Written by Shivani Singh
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