On March 27, 2025, significant bulk deals were executed concerning two companies on NSE. These transactions reflect the ongoing activity and liquidity in the stock exchanges. The companies involved in these deals were Fonebox Retail Ltd and Kabra Extrusion Technik Ltd.
Fonebox Retail Ltd
Stock Performance
With a market capitalization of Rs 95.42 crore, the shares went up 2 percent to an intraday high of Rs 93 per share compared to the previous close price of Rs 91.45 per share.
What Happened
Fonebox Retail Ltd, a multi-brand retailer of smartphones and accessories from various brands, recently experienced a bulk deal where Accor Opportunities Growth Family Private Trust sold 69,000 shares in Fonebox Retail at an average price of Rs 90.4 per share. The total value of the transaction amounts to Rs 62.4 lakh.
Company Overview
Fonebox Retail Ltd operates in the multi-brand retail sector, specializing in the sale of smartphones and consumer durable electronics. The company deals with a wide range of brands that include Vivo, Apple, TCL, Haier and Samsung .
Financials
The company’s revenue grew 18 percent from Rs. 140 crore to Rs. 165 crore in H1 FY24 -25. Meanwhile, their net profits remained at Rs. 2 crore during the same period.
Kabra Extrusion Technik Ltd
Stock Performance
With a market capitalization of Rs 1,051.11 crore, the shares went up 4 percent to an intraday high of Rs 309 per share compared to the previous close price of Rs 297.05 per share. The shares retraced from the day’s high and was trading at Rs 300.55, which is 2 percent higher than the previous close.
What Happened
Kabra Extrusion Technik, engaged in the business of plastic extrusion machinery, recently experienced a bulk deal where GP Emerging Markets Strategies LP and University of Notre Dame Du Lac sold 4.53 lakh shares in the company at an average price of Rs 291.6 per share. The total value of the transaction amounts to Rs 13.2 crore.
Company Overview
Kabra Extrusion Technik Ltd, a flagship company of the Kolsite Group, is one of India’s leading manufacturers of plastic extrusion machinery. It offers a comprehensive range of single and twin-screw extrusion lines for producing pipes, profiles, pellets, drip irrigation tubes, as well as mono and multi-layer blown films.
Financials
The company’s revenue declined 2 percent from Rs. 124 crore to Rs. 121 crore in Q3 FY24 -25. Meanwhile, net profit grew by 106 percent from Rs. 3.3 crore to Rs. 6.6 crore during the same period.
Written by Shwetha Sairam
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