Goldman Sachs is a leading global investment banking, securities, and asset management firm serving corporations, financial institutions, governments, and individuals worldwide. Known for its deep expertise in mergers and acquisitions, market-making, and wealth management, the firm plays a pivotal role in global capital markets, offering innovative financial solutions and strategic advisory services across diverse industries.
Here are the stocks in which Goldman Sachs Bought stake in Block Deal:
1. Bharti Airtel
Bharti Airtel Limited operates through five segments: Mobile Services, Homes Services, Digital TV Services, Airtel Business, and South Asia. The Mobile Services India segment includes voice and data telecom services provided through wireless technology (2G/3G/4G) in India. With a market capitalization of Rs 11.59 lakh crore, the shares were trading at Rs 2,032.85 per share, increasing around 0.67 percent as compared to the previous closing price.
According to the exchange, prominent foreign institutional investors, Goldman Sachs (Singapore) Pte bought 103,409 equity shares at an average price of Rs 2,009.6 apiece, However, Kadensa Master Fund offloaded same number of shares. This transaction valued at Rs 20.78 crore
2. Hindustan Aeronautics
Hindustan Aeronautics Limited is an India-based company that is engaged in the design, development, manufacture, repair, overhaul, upgrade, and servicing of a wide range of products, including aircraft, helicopters, aero-engines, avionics, accessories, and aerospace structures.
With a market capitalization of Rs 3.28 lakh crore, the shares were trading at Rs 4,906 per share, decreasing around 0.10 percent as compared to the previous closing price.
According to the exchange, prominent foreign institutional investors, Goldman Sachs (Singapore) Pte, bought 104,972 equity shares at an average price of Rs 4,869.8 apiece. However, Kadensa Master Fund offloaded the same number of shares. This transaction is valued at Rs 51.11 crore
3. HDFC Bank
HDFC Bank Limited (the Bank) is a financial services conglomerate that offers a full suite of financial services, from banking to insurance and mutual funds, through its subsidiaries. The Bank caters to a range of banking services covering commercial and investment banking and transactional/branch banking.
With a market capitalization of Rs 15.33 lakh crore, the shares were trading at Rs 1,999 per share, decreasing around 0.63 percent as compared to the previous closing price.
According to the exchange, prominent foreign institutional investors, Goldman Sachs (Singapore) Pte bought 76,851 equity shares at an average price of Rs 2,001.5 apiece. However, Kadensa Master Fund offloaded the same number of shares. This transaction is valued at Rs 15.38 crore
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4. ICICI Bank
ICICI Bank is one of India’s leading private sector banks, offering a wide range of financial products and services to individuals, businesses, and corporates. Known for its strong digital infrastructure, the bank operates a vast network of branches and ATMs across the country and globally.
With market capitalization of Rs 10.23 lakh crore, the shares were trading at Rs 1,435 per share, increasing around 0.20 percent as compared to the previous closing price.
According to the exchange, prominent foreign institutional investors, Goldman Sachs (Singapore) Pte bought 126,776 equity shares at an average price of Rs 1,445.8 apiece. However, Kadensa Master Fund offloaded the same number of shares. This transaction is valued at Rs 18.3 crore
5. Kaynes Technology India
Kaynes Technology India Limited is engaged in providing conceptual design, process engineering, integrated manufacturing, and life cycle support for major players in the automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, IoT, information technology (IT), and other segments.
With market capitalization of Rs 40,673 crore, the shares were trading at Rs 6,074 per share, decreasing around 1.90 percent as compared to the previous closing price.
According to the exchange, prominent foreign institutional investors, Goldman Sachs (Singapore) Pte bought 67,690 equity shares at an average price of Rs 6,095 apiece, However, Kadensa Master Fund offloaded the same number of shares. This transaction is valued at Rs 41.3 crores.
6. Reliance Industries
Reliance Industries Limited is an India-based company, which is engaged in the activities of hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (solar and hydrogen), retail, and digital services.
With a market capitalization of Rs 20.59 lakh crore, the shares were trading at Rs 1,522 per share, decreasing around 0.40 percent as compared to the previous closing price.
According to the exchange, prominent foreign institutional investors, Goldman Sachs (Singapore) Pte bought 748,971 equity shares at an average price of Rs 1,500.6 apiece. However, Kadensa Master Fund offloaded the same number of shares. This transaction is valued at Rs 112.3 crore
7. Varun Beverages
Varun Beverages Limited (VBL) is an India-based beverage company. The Company operates franchisee of PepsiCo. The Company produces and distributes a range of carbonated soft drinks (CSDs), as well as a large selection of non-carbonated beverages (NCBs), including packaged drinking water sold under trademarks owned by PepsiCo.With market capitalization of Rs 1.52 lakh crore, the shares were trading at Rs 451 per share, decreasing around 0.16 percent as compared to the previous closing price.
According to the exchange, prominent foreign institutional investors, Goldman Sachs (Singapore) Pte bought 1,525,558 equity shares at an average price of Rs 457.55 apiece, However, Kadensa Master Fund offloaded same number of shares. This transaction is valued at Rs 69.8 crore
8. Voltas
Voltas Limited is an India-based air conditioning and engineering solutions provider and a project specialist. The Company’s segments include Unitary Cooling Products, Electro-Mechanical Projects and Services, and Engineering Products and Services. With market capitalization of Rs 43,859 crore, the shares were trading at Rs 1,326 per share, decreasing around 0.04 percent as compared to the previous closing price.
According to the exchange, prominent foreign institutional investors, Goldman Sachs (Singapore) Pte bought 388,167 equity shares at an average price of Rs 1,314.1 apiece, However, Kadensa Master Fund offloaded same number of shares. This transaction is valued at Rs 51.1 crore
Written by Abhishek Singh
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