Bulk & Block deals: HDFC Mutual Fund picks 0.56% equity in Cyient on April 7

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The following stocks were sold via bulk and block deals on April 7.

Cyient Ltd

The stock saw heightened trading interest as HDFC Mutual Fund acquired 6,23,896 shares at an average price of Rs 1,099, amounting to 0.56 percent of the company’s equity. On the other hand, NWBP AS DP OF FIRST STATE INDIAN SUBCONT FD A SUB FD OF FS INVTS ICVS exited the stock, selling 6,79,655 shares at Rs 1,099.72 apiece. Cyient, a global engineering and technology solutions provider serving diverse industries, ended the day at Rs 1,131, down 2.4 percent from its previous close.

Genesys International Corporation Ltd

The company had Florida Retirement System selling 2,25,192 shares at an average price of Rs 547.13. Data shows that this translated to 0.6 percent equity in the company. Genesys is a company that provides advanced mapping, survey, and geospatial services, including Geographic Information System (GIS) and Geospatial Engineering services. The stock closed at Rs 558, lower by 11.2 percent.

Block deals

Retaggio Industries Ltd

The company was actively bought into by multiple entities. Sherwood Securities Pvt Ltd acquired 4,20,000 shares (2.7 percent equity) at Rs 25.09, Anupam Stock Broking Private Limited purchased 2,52,000 shares (1.6 percent equity) at Rs 25.07, and MSR Versatile Ventures LLP bought 3,12,000 (2 percent equity) at Rs 24.71.

Polysil Irrigation Systems Ltd

The stock recorded a block deal where Neo Apex Venture LLP bought 60,000 shares at Rs 26.10 per share. The deal translates to 0.53 percent equity. The company manufactures and supplies products for micro-irrigation systems, including emitting pipes, lateral pipes, and HDPE pipes, primarily serving farmers and government bodies in India.

Effwa Infra & Research Ltd

The company saw Sandeep Singh buying 1,25,200 shares at an average price of Rs 180.49. The deal translates to 0.54 percent equity. Effwa is an engineering company that provides environmental solutions, specializing in engineering, consultancy, procurement, construction, and integrated project management services, particularly in water pollution control and related areas.

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