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The Baseline
24 Nov 2017
Bulk deals: what's newest and hottest

Latest bulk and block deals: 

Jwalamukhi Investment Holdings sold 12.11 lakh shares in AIA Engineering in two separate transactions. This amounted to a 1.3% equity stake. AIA Engineering is seeing muted enthusiasm among analysts, but saw a recent bullish run starting  21st November in its share price.

In a positive sign, company promoter DHG Marketing has bought 1.29 lakh shares in Steel Strips Wheels, whose share price has been bullish on a strong outlook for the coming quarters. GS Global Corp sold 1.24 lakh shares.

A fair amount of activity around Syngene, which saw a recovery in Q2 since the damages caused by a fire resulted in weak Q4 results last year. Gaoling Fund LP bought 15 lakh shares in the company, while Steadview Capital sold 19.5 lakh shares.

Visa Capital bought 2.5 lakh shares in MT Educare (Mahesh Tutorials). The company is seeing a jump in share price on high volumes today. 

Hober Mallow Trust bought 1.62 lakh shares in textile company Garware Wall Ropes. The company received a BUY call from Religare in September, and has not yet hit the call's target price. 

Photo: Sam Zeller

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