Bulk & Block deals: ICICI Prudential purchases nearly 6 lakh shares of Galaxy Surfactants on April 1

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The following stocks were sold via bulk and block deals on April 1.

ICICI Prudential Mutual Fund purchased 5.9 lakh equity shares in the company for an average price of Rs 2,092 per share, official data showed. Shares of the company closed at Rs 2,092, higher by 2.15 percent from the last close on the NSE. The stock price has crashed by over 31 percent in the last six months.

Galaxy Surfactants is an Indian multinational speciality chemical company that manufactures surfactants and speciality care products for the home and personal care industries, with over 200 products used in various consumer products like shampoos, soaps, and detergents.

The company saw Ishaan Tradefin LLP offload 20.31 lakh shares at an average price of Rs 3.98, according to exchange data. Shares of the company ended at Rs 3.98 on the NSE, down over 5 percent from the last close. Kesoram manufactures and distributes cement, rayon, transparent paper, and filament yarn, with its cement business being recently acquired by UltraTech Cement.

The company witnessed Rajshri Choudhary purchase 43,000 shares at an average price of Rs 70.82, while also selling 7,000 shares at Rs 73.60, as per official data. The stock closed at Rs 74.2, higher by 15 percent on April 1. Pentagon manufactures and exports rubber conveyor belts, transmission belts, and rubber sheets.

In today's session, the company saw Devi Traders LLP buy 59,000 shares at an average price of Rs 166.64. Meanwhile, Strategic Sixth Sense Capital Fund and Innovative Vision Fund offloaded 48,000 shares and 47,000 shares at Rs 168 and Rs 160, respectively. The stock ended at Rs 168, higher by 12 percent on the NSE. Desco Infratech specializes in pipeline laying, installation, testing, and commissioning for Piped Natural Gas (PNG) used by both residential and commercial consumers.