Stocks are drawing attention as major investors adjust holdings through block and bulk deals, reflecting strategic portfolio moves. These high-volume transactions can signal confidence, profit-taking, or repositioning, influencing stock prices. Investors track them to gauge institutional sentiment and anticipate potential market trends.
Here are the stocks in focus after a prominent investor bought & sold shares via Bulk Deals:
Associated Alcohols & Breweries
Associated Alcohols & Breweries Ltd is one of India’s leading liquor manufacturers, engaged in producing and marketing high-quality alcoholic beverages. The company operates distilleries with strong bottling capacity and caters to both branded and bulk alcohol segments across domestic and international markets.
With a market capitalization of Rs 2,317.36 crore, the shares were trading at Rs 1,221.00 apiece, decreasing around 0.42 percent as compared to the previous closing price.
According to the exchange, Equity Intelligence India, led by ace investor Porinju Veliyath, acquired 1 lakh shares, or 0.52% stake, in an alcoholic beverages company at ₹1,160.6 per share, totaling ₹11.6 crore. The strategic investment signals confidence in the company’s growth prospects within India’s expanding premium liquor segment.
Chennai Petroleum Corporation
Chennai Petroleum Corporation Limited (CPCL), a subsidiary of Indian Oil Corporation, is a leading refinery company in India. CPCL operates major refineries in Tamil Nadu, producing fuels, lubricants, and petrochemicals, catering to both domestic and export markets while supporting India’s growing energy needs. With a market capitalization of Rs 14,062 crore, the shares were trading at Rs 944 apiece, increasing around 7 percent as compared to the previous closing price.
According to the exchange, BofA Securities Europe SA has net bought 7.72 lakh shares (0.51% stake) in Chennai Petroleum Corporation at an average price of Rs 868.59 per share, for a total of Rs 67.05 crore.
Emergent Industrial Solutions
Emergent Industrial Solutions Ltd, formerly known as Emergent Global Edu. and Services Ltd., is primarily a trading company focused on commodities like metals, coal, ores, iron ore, steel, and ferro-alloys. With a market capitalization of Rs 305 crore, the shares were trading at Rs 667 apiece, increasing around 5 percent as compared to the previous closing price.
According to the exchange, Isquare Global PE Fund has acquired 72,000 shares, which is equivalent to a 1.57 percent stake in Emergent Industrial Solutions at Rs 610.6 per share, for Rs 4.4 crore, from Davos International Fund.
Written by Abhishek Singh
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