Titagarh Rail among top 10 smallcap block deals signed this week

May 04, 2024, 03:08:39 PM IST1/11

Institutional Activity

A block deal may be defined as a single transaction involving the exchange of shares in quantities exceeding Rs. 5,00,000 or in cases where the total traded value surpasses Rs 10 crore.

The week a host of block deals happened within the smallcap space. Here’s a recap as compiled by Nuvama:

2/11

Angel One

The Angel One block deal value stood at Rs 187 crore and about 6.71 lakh shares exchanged hands.

3/11

Cyient

Cyient witnessed a block deal of 6.49 lakh shares worth Rs 117 crore this week.

4/11

SPARC

A block deal worth Rs 116 crore with 48 crore share quantity was carried out in SPARC.

5/11

IRB Infrastructure Developers

With a quantity of nearly 119 crore shares, a block deal worth Rs 82 crore took place in IRB Infrastructure.

6/11

Gravita India

7.5 lakh shares of Gravita were traded in a block deal this week for a value totalling Rs 70 crore. The shares were traded at Rs 934 apiece, a discount of 1.4% from its last traded price.

7/11

CSL Finance

A Rs 69 crore block deal took place in CSL Finance this week wherein a total of 17.05 lakh shares were traded.

8/11

Eris Lifesciences

Eris Lifesciences saw Rs 69 crore block deal in which 7.71 lakh shares changed hands.

9/11

Titagarh Rail

A block deal worth Rs 64 crore for 6.05 lakh shares was carried out in Titagarh Rail.

10/11

Cartrade Tech

About 7.5 lakh shares of Cartrade Tech were traded in a Rs 54 crore block deal this week. The average price share of the transaction was Rs 711 against the current market price of Rs 745.

11/11

IFCI

IFCI counter witnessed Rs 53 crore block deal in which 97.13 lakh shares of the company changed hands.

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