Bulk & Block deals: Graviton Research buys 1% stake in RBL Bank on April 28

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The following stocks were sold via bulk and block deals on April 28.

RBL Bank Limited

Global financial services giant Societe Generale was active in RBL Bank on Monday, buying 36,75,496 shares at an average price of Rs 203.99 apiece. Interestingly, the firm also sold 36,097 shares at Rs 194 per share, indicating some profit booking or repositioning after the bulk purchase.

Samhi Hotels Limited

In Samhi Hotels, GTI Capital Alpha Pvt Ltd offloaded a significant chunk of shares, selling 20,81,578 shares or 0.94 percent at an average price of Rs 175.55 per share. The transaction suggests a sizeable exit or trimming of stake in the hotel company.

Deccan Health Care Limited

KENT R O Systems Limited was the seller in Deccan Health Care Ltd, offloading 1,62,154 shares at an average price of Rs 17.49. The deal points to a strategic move, possibly indicating a partial or full divestment.

Kesoram Industries Limited

Kesoram Industries saw two notable transactions. Devi Traders LLP sold 17,00,000 shares at Rs 3.79 each, while Morgan Stanley Asia (Singapore) Pte unloaded 25,17,721 shares at a slightly higher price of Rs 3.82. The back-to-back sales signal considerable institutional selling pressure in the counter.

BULK DEALS

Mangalam Worldwide Limited

Namokar Capital Private Limited sold 1,32,000 shares of Mangalam Worldwide Ltd at an average price of Rs 156.11. The transaction points to a likely reduction in exposure to the company amid broader market activity.

Moksh Ornaments Limited

Moksh Ornaments saw active trading, with Shreni Shares Pvt buying 4,86,739 shares at Rs 13.94 per share. Meanwhile, Vincent Commercial Company Limited sold 4,21,239 shares at Rs 13.93, and Shreni Shares Pvt also sold 69,407 shares at Rs 14.58. The buying and selling by related parties suggest a reshuffling of holdings within the stock.

Mos Utility Limited

Mos Utility witnessed selling from two different investors. Ajay Natavarlal Commodities Private Limited offloaded 1,30,000 shares at Rs 260.03, while L7 Hitech Private Limited sold a larger quantity of 4,32,400 shares at a slightly higher price of Rs 260.06. The back-to-back selling indicates a possible shift in sentiment.

Paramount Dye Tec Limited

In Paramount Dye Tec, Marwadi Shares and Finance Ltd sold 61,200 shares at an average price of Rs 53.05. The transaction hints at a move to exit or reduce the position at prevailing market rates.

Virinchi Limited

Virinchi Limited recorded matched trades, with Samir Narendra Gupta buying 5,15,000 shares and Narendra Kumar Bhagwandas Gupta selling the same number of shares, both at Rs 21.70 per share. The structured nature of the deal suggests a transfer of ownership within related parties.

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