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 under Rs. 80 that experienced price fluctuations due to the buying/selling activities of investors:
Ind-Swift Laboratories Limited
With a market cap of Rs. 452.2 crores, the stock moved down by 5.2 percent to hit an intraday low at Rs. 76.35 on BSE. As per the latest bulk deal available with the NSE, Wilson Holdings Private Limited offloaded 3 lakh equity shares in Ind-Swift Labs through an open market transaction. The deal was valued at approximately Rs. 2.44 crores, executed at an average price of Rs. 81.43 per share.
Ind-Swift Labs reported a decline in revenue from operations, experiencing a year-on-year decrease of nearly 97 percent, falling from Rs. 287.5 crores in Q3 FY24 to Rs. 8.66 crores in Q3 FY25. Similarly, its net profit decreased by around 100 percent YoY from Rs. 19.4 crores to Rs. 0.01 crores.
Headquartered in Chandigarh, India, Ind-Swift Laboratories Ltd. is a global manufacturer of APIs, intermediates and formulations.
Iris Clothings Limited
With a market cap of Rs. 437.8 crores, the stock moved up by 5 percent to hit an intraday high at Rs. 47.99 on NSE. As per the latest bulk deal available with the NSE, Saharsh Vincom Private Limited bought 4.2 lakh equity shares in Iris Clothings through an open market transaction. The deal was valued at approximately Rs. 2 crores, executed at an average price of Rs. 45 per share.
Iris Clothings reported a significant growth in revenue from operations, experiencing a year-on-year increase of nearly 48 percent, rising from Rs. 22.5 crores in Q3 FY24 to Rs. 33.4 crores in Q3 FY25. Similarly, its net profit increased by around 20 percent YoY from Rs. 2 crores to Rs. 2.4 crores.
Established in 2005, IRIS Clothings Limited is engaged in the business of manufacturing, designing, branding, and selling garments for children’s and toddlers’ wear, with its signature brand “DOREME”.
Written by Shivani Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
