Bulk & Block deals: Goldman Sachs Singapore buys 60 lakh Zomato shares, Kadensa offloads 3.85 lakh in HAL

Representational image

The following stocks were sold via bulk deals on March 28.

Carborundum Universal Ltd

In today's session, Southern Energy Development Corporation sold 10 lakh shares of the company via bulk deals at an average price of Rs 965 per share. On the other hand, Sheel Commodities Private Ltd purchased 2.5 lakh shares at the same average price. Nimish S. Shah bought 5 lakh shares while Sandhya G Parikh bought 2.5 lakh shares via block deals.

Hi-Tech Pipes Ltd

Nexpact Ltd sold 12.75 lakh shares on March 28 at an average price of Rs 103 per share. The company manufactures and supplies Electric Resistance Welding (ERW) steel pipes, cold-rolled strips, and engineering products, with a focus on infrastructure, construction, and other industries. Hi-Tech stock closed at Rs 101, lower by 4 percent from the last close.

Praxis Home Retail Ltd

In today's session, Dovetail India Fund bought 13.40 lakh shares at an average price of Rs 8.9 per share while India Opportunities Growth Fund sold 13,40 lakh shares at the same average price. Praxis is an India-based home retail company offering a wide range of products and services for furnishing and decorating homes, including furniture, home décor, modular kitchens, and interior design consultations.

Radiant Cash Management Services Ltd

BNP Paribas Financial Markets purchased 25 lakh shares while Ascent India Fund offloaded 34.70 lakh shares at an average price of Rs 51.1 per share. Radiant Cash Management Services (RCMS) is an integrated cash logistics company in India, offering retail cash management services, including cash pick-up and delivery, network currency management, cash processing, and cash vans/cash-in-transit.

Praveg Ltd

Sageone Investment Managers LLP bought 1.8 lakh shares at an average price of Rs 516 per share. Shares of the company closed at Rs 515, higher by 10 percent from the last close. Praveg is an Indian company that offers a diversified portfolio of services, including exhibition and event management, advertising and promotion, tourism and hospitality, and publications, with a focus on experiential travel and sustainable tourism.

Block Deals

Zomato Ltd

Goldman Sachs Singapore purchased 60 lakh shares of the food delivery major at an average price of Rs 199.5 while Kadensa Master Fund sold the same amount of shares at the same price in today's session. Zomato shares closed at Rs 201, lower by 2.5 percent from the last close on the NSE.

Hindustan Aeronautics Ltd

Goldman Sachs Singapore purchased 3.85 lakh shares of the defense equipment major at an average price of Rs 4,176.5 while Kadensa Master Fund sold the same amount of shares at the same price in today's session. HAL shares closed at Rs 4,179 higher by 0.46 percent from the last close on the NSE.

ideaForge Technology Ltd

Blue Diamond Properties bought 10 lakh shares at an average price of Rs 344.95 per share on March 28. Meanwhile, Florin Tree Enterprise sold the same amount of shares at Rs 344.95 per share. IdeaForge is an Indian company that designs, develops, engineers, and manufactures unmanned aerial vehicles (UAVs), also known as drones, for various applications, including mapping, security, surveillance, and defence.

Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.