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.
Here are the stocks that experienced price fluctuations due to the buying or selling activities of foreign institutional investors (FIIs) and others:
Mastek Limited
With a market cap of Rs. 8,624.6 crores, the shares of a digital engineering and cloud transformation company surged 3.7 percent on BSE to Rs. 2,872.95 on Thursday.
According to the 4th September bulk deal data available with the BSE, the foreign investor Ghisallo Master Fund LP purchased nearly 2.27 lakh shares in Mastek, at an average price of Rs. 2,751 per share, resulting in a total transaction value of over Rs. 62.68 crores.
Further, ICICI Prudential Mutual Fund also bought around 5 lakh shares in the company worth Rs. 137.55 crores, at an average price of Rs. 2,751 per share.
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However, Europacific Growth Fund offloaded around 17.19 lakh shares (equivalent to a 5.57 percent stake) in the company worth Rs. 475.56 crores, at an average price of Rs. 2,766.36 per share.
The company has reported a significant growth in revenue from operations, with a 12 percent YoY rise from Rs. 725 crores in Q1 FY24 to Rs. 813 crores in Q1 FY25. However, the net profit declined marginally by 2.7 percent YoY from Rs. 74 crores to Rs. 72 crores, during the same period.
The stock has delivered positive returns of nearly 15 percent in one year as well as around 0.3 percent returns year-to-date.
Mastek Limited is a provider of vertically-focused enterprise technology solutions. The portfolio of its offering includes business and technology services comprising application development, application maintenance, business intelligence and data warehousing, testing & assurance and legacy modernisation.
RattanIndia Enterprises Limited
With a market cap of Rs. 11,432.8 crores, the shares of India’s largest electric motorcycle company surged 2.6 percent on BSE to Rs. 84.4 on Thursday.
According to the 4th September bulk deal data available with the NSE, the foreign investor The Great International Tusker Fund offloaded nearly 82.05 lakh equity shares in RattanIndia Enterprises, at an average price of Rs. 81.52 per share, resulting in a total transaction value of over Rs. 66.88 crores.
The company has reported a significant growth in revenue from operations, with a 96.7 percent YoY rise from Rs. 1,268 crores in Q1 FY24 to Rs. 2,494 crores in Q1 FY25. Similarly, the net profit jumped by 378 percent YoY from Rs. 178 crores to Rs. 851 crores, during the same period.
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The stock has delivered positive returns of nearly 26.7 percent in one year as well as around 8.5 percent returns year-to-date.
Incorporated in 2010, RattanIndia Enterprises Limited, formerly known as RattanIndia Infrastructure Limited, is the flagship company of Rattanindia Group and comprises tech-focussed new age businesses including e-commerce, electric vehicles (EVs), fintech and drones.
Written by Shivani Singh
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