Vadilal Industries, Moksh Ornaments, Spectrum Electric among stocks that witnessed buzz in bulk deals
At least a dozen of companies witnessed action as shares changed hands in bulk deals on Monday - first trading session of 2022.
At least a dozen of companies witnessed action as shares changed hands in bulk deals on Monday - first trading session of 2022. Vadilal Industries Ltd, Giriraj Civil Development, Moksh Ornaments and Spectrum Electric Ind Ltd were among the companies whose shares saw maximum buzz today.
Aryaman Capital Markets Limited sold 45,600 shares in Giriraj Civil Devp Ltd to Jitendra Raichand Mehta at Rs 97.5 apiece. Similarly, Chaudhari Deepak Suresh bought 1,88,000 shares from Investino Venture LLP in Spectrum Electric Ind Ltd at Rs 53.1 a share on the NSE, the bulk deals data showed.
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In Vadilal Industries Ltd, Aggarwal Ajay Kumar bought 40,000 shares at Rs 981.24 per share and Cliantha Trust sold 37,112 shares at Rs 981.09 per share on the NSE, the bulk deals data showed.
Progyan Construction & Engineers Private Limited and Shri Ravindra Media Ventures Private Limited sold 19,66,120 and 9,43,000 equity shares at Rs 26.13 and Rs 25.75 apiece respectively in Vishwaraj Sugar Ind Ltd on the NSE, according to the bulk deals data.
In Moksh Ornaments Limited, Ambe Securities Private Limited bought 3,00,000 equity shares and Padmavati Investment sold 4,75,000 equity shares at Rs 44.71 and Rs 44.52 per share on the NSE.
Penny stock companies such as A and M Jumbo Bags Ltd and Visesh Infotecnics Limited witness maximum traction as at least half a dozen of investors buy/sell stakes in the respective companies.
Individually, Jatinkumar Amritlal Unadkat sold 27,200 shares in Atal Realtech Limited at Rs 149.56 per share; Lakshmi Guttikonda Vara sold 3,77,852 equity shares in Megasoft Limited at Rs 73.4 per share; Indusind Bank Ltd Client A/C sold 20,00,000 equity shares in Zee Learn Limited at Rs 17.08 per share on the NSE, as per the bulk deals data.
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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