Bulk Deals: ASL Industries’ shares change hands for 5th day in a row; Debock Sale Marketing witnesses maximum buzz

As many as five companies’ shares change hands during Monday’s session through bulk deals. In this regard, ASL Industries for the fifth straight time has appeared in the bulk deals data, as Sunayana Investment Company Limited sold 1,20,000 equity shares in the company at Rs 23.8 per share.

Debock Sale Marketing Ltd witnessed a maximum buzz on Monday, as at least two retail investors Abhinandan Dhanapal Khemalapure and Siddappa Veerappa Hagaragi picked up 66,000 and 42,000 equity shares in the company at Rs 75.27 and Rs 75.24 per share on the NSE, as per bulk deals data.

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While Ramesh Bhandappa Munnoli sold 60,000 equity shares in Debock Sale Marketing Ltd at Rs 75.2 per share on the NSE, the bulk deals data showed. The stock hit a lower circuit of 5 per cent to Rs 75.2 per share on the NSE as compared to 1.45 per cent rise in Nifty SME Emerge.

Retail investors such as Smeet Dipak Shah bought 69,000 equity shares and Mohd Imtiaz MH Patel sold 72,000 equity shares in Focus Lightg & Fixtrs Ltd each at Rs 55.7 per share on the NSE, according to the bulk deals data. The counter hit an upper circuit of 5 per cent at Rs 55.7 apiece on the NSE.

Similarly, Kamath Vittal Udyavar sold 10,75,291 equity shares Texmaco Rail & Engg Ltd at Rs 5.57 per share, while Panna Lal Bansali bought 4,41,325 equity shares in the company at Rs 5.6 per share on the NSE, the bulk deals data mentioned. The stock closed around 1 per cent higher to Rs 31.6 apiece.

A deal where the total quantity of shares bought or sold is greater than 0.5 per cent of the share capital of the company is called bulk deals. It can be transacted either through the normal trading window or through the block trading window.