Bulk Deals: Societe Generale picks up 36 lakh shares in Karda Constructions via open market on Thursday
Bulk Deals: Societe Generale picks up 36 lakh shares in Karda Constructions via open market on Thursday
A dozen companies' shares changed hand during Thursday’s trading session through open market transactions. Among the top transaction, Societe Generale bought 36,00,000 shares in Karda Constructions Ltd at Rs 16.65 per share on the NSE, as per the bulk deals data.
Similarly, Nalanda India Equity Fund Ltd and Nalanda India Fund Ltd sold 22,28,570 and 29,71,430 equity shares in Kirloskar Oil Eng Ltd at Rs 180.92 per share on the NSE, the bulk deals data showed.
The promoters of Crown Lifters, including director Hanif Hussain Jaria, sold stakes in the company through the open market transactions on the NSE. As many as 15 lakh shares have been sold by the promoters and their family on the exchanges, as per the bulk deals data.
Individually, Hanif Hussain Jaria and Asif Hussain Jaria each dumped 6,85,000 equity shares, while Husain Virji Jaria sold 1,50,000 shares in the company at the same price of Rs 26.3 per share on the NSE, the bulk deals data showed on Thursday.
Similarly, from the promoter family, Karim Kamruddin Jaria bought 7,60,000 equity shares, while Nizar Nooruddin Rajwani and Siraj Virji Jaria each picked up 3,80,000 equity shares in the company at Rs 26.3 per share on the NSE, as per the bulk deals data.
Nanalal Bhanji Dudhaiya and Satish Ramsevak Pandey bought and Shilpa Ashok Gandhi sold 60,000 equity shares each in the Debock Sale Marketing Ltd at Rs 103.45 per share on the NSE, the bulk deals data showed.
The Indian markets have closed on higher note as Sensex jumped over 775 points and Nifty50 reclaimed 17400-mark for the first time in 9 sessions. The market has been soaring amid positive triggers, from positive global cues to November auto sales to robust Q2 economic growth numbers.
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 deal. It can be transacted either through the normal trading window or through the block trading window.
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