Block deals: Marshall Wace offloads stake in Eternal, ICICI Bank, Schaeffler India and M&M

PI Opportunities AIF V LLP acquired 2.72 lakh shares (0.02 percent) of Larsen & Toubro Ltd. at Rs 3,683 per share, while Pioneer Investment Fund was the seller.

The following bulk and block deals took place on both exchanges on June 11.

Block deals

Aditya Birla Capital

Motilal Oswal Mutual Fund bought 6.17 lakh shares of Aditya Birla Capital Ltd. at Rs 242.65 per share. In addition, it made two more purchases of 1.47 crore shares and 12.03 lakh shares at the same price.

LIC Mutual Fund picked up stake in two lots of 1.03 lakh shares each and another 2.06 lakh shares at Rs 242.65.

HSBC Mutual Fund acquired 7.21 lakh shares, while GS India Equity bought 1.2 lakh shares.

Other buyers include Greater India Portfolio which purchased 1.86 lakh shares, Manulife Global Fund India Equity which purchased 4.18 lakh shares. Edelweiss Mutual Fund which picked up 8.24 lakh shares and Goldman Sachs India Equity ETF which purchased 4,393 shares, and its India Equity Portfolio fund acquired a block of 33.63 lakh shares.

The seller was Jomei Investments which sold 2.34 crore shares (1.4 percent stake) of Aditya Birla Capital at Rs 242.65 per share.

Eternal

Societe Generale purchased 60.94 lakh shares (0.06 percent) of Eternal at Rs 255.68 per share. The seller was Marshall Wace Investment Strategies – Eureka Fund.

ICICI Bank

Societe Generale bought 1.2 lakh shares of ICICI Bank Ltd. at Rs 1,422.90. The seller was Marshall Wace.

Larsen & Toubro

PI Opportunities AIF V LLP acquired 2.72 lakh shares (0.02 percent) of Larsen & Toubro Ltd. at Rs 3,683 per share, while Pioneer Investment Fund was the seller.

Mahindra & Mahindra

Societe Generale purchased 58,663 shares of Mahindra & Mahindra Ltd. at Rs 3,067.5 per share, while PI Opportunities AIF V LLP acquired 3.23 lakh shares at Rs 3,085. The sellers was Marshall Wace and Pioneer Investment Fund.

Marksans Pharma

Orbimed Asia IV Mauritius FVCI offloaded 1.03 crore shares (2.27 percent) at Rs 249.95.

UNIFI Capital’s Blended Rangoli fund bought 32.48 lakh shares at Rs 249.95 per share. UNIFI Capital also acquired an additional 5.94 lakh shares, while Blend Fund 2 picked up 30 lakh shares, and the BCAD Fund purchased 5.6 lakh shares. UTI Mutual Fund bought 4.14 lakh shares, and Societe Generale added 9.2 lakh shares. Other buyers include Citigroup Global Markets Singapore which bought 4 lakh shares, Bandhan Mutual Fund which acquired 6 lakh shares, and Subhkam Ventures which purchased 5.37 lakh shares.

Schaeffler India

Societe Generale purchased 80,807 shares (0.05 percent) of Schaeffler India Ltd. at Rs 4,199.40 per share. Marshall Wace was the seller.

UNO Minda
Societe Generale acquired 9.90 lakh shares (0.17 percent) of UNO Minda Ltd. at Rs 1,096.60. Marshall Wace was the seller.

Bulk deals 

Sat Kartar Shopping

Allina Qureshi bought 2 lakh shares of Sat Kartar Shopping Ltd at a price of Rs 217.60 per share while Pine Oak Global Fund sold 2.02 lakh shares of the company.

Shankara Building Products

Ohana India Growth Fund purchased 2.50 lakh shares (1.03 percent) of Shankara Building Products Ltd at a price of Rs 1,028.89 per share. The same fund later bought an additional 1.39 lakh shares (0.57 percent) at Rs 1,027.80 per share.

Advait Energy Transitions

Kedia Securities Private Limited acquired 1 lakh shares of Advait Energy Transitions Ltd at Rs 1,725 per share.

Alkem Laboratories

Samprada & Nanhmati Singh Family Trust sold 7.55 lakh shares (0.63 percent) of Alkem Laboratories Ltd at a price of Rs 4,831.92 per share.

Axiscades Technologies

Jupiter Capital Private Limited sold 3.07 lakh shares (0.72 percent) of Axiscades Technologies Ltd at Rs 1,100.01 per share.

Harsha Engineers International

Plutus Wealth Management LLP offloaded 25 lakh shares (2.75 percent) of Harsha Engineers International Ltd at a price of Rs 415.09 per share.

DSP Mutual Fund purchased 13.84 lakh shares (1.52 percent) of the same company at Rs 415 per share.

Modis Navnirman

Aegis Investment Fund acquired 2.5 lakh shares (1.28 percent) of Modis Navnirman Ltd at a price of Rs 274.99 per share.

Unified Data Tech Solutions

BNP Paribas Financial Markets purchased 1.02 lakh shares at a price of Rs 332.68 per share.