8 Stocks in Focus After Block Deals Worth Over ₹2,300 Cr Take Place

Synopsis: Eight stocks gained investor attention after block deals worth over Rs 2,300 crore, involving institutional buying and selling across banking, pharma, technology, and financial services sectors.

The Indian stock market witnessed several block deals, bringing eight stocks into focus after large-scale buying and selling activity by institutional investors and funds. The transactions were spread across sectors such as banking, pharmaceuticals, agriculture, technology, tourism, and financial services.

The deals reflected significant ownership changes, with investors closely tracking institutional participation and share movements. The combined value of these transactions crossed Rs 2,300 crore, highlighting increased activity in select stocks.

Capital Small Finance Bank

Capital Small Finance Bank Ltd was incorporated in 1999 as Capital Local Area Bank and became India’s first local area bank. In 2016, it converted into a small finance bank after receiving approval from the Reserve Bank of India. The bank offers retail and MSME loans, agriculture finance, and deposit products, with a strong presence across Punjab, Haryana, Rajasthan, Delhi, and nearby states.

With a market capitalization of Rs 1,306 crore, Capital Small Finance Bank Ltd witnessed a block deal where Amicus Capital Private Equity I LLP sold 8.34 lakh shares of the company at Rs 300 per share. The same number of shares was bought by Lyptus Punch-Card Fund at the same price of Rs 300 per share. The total transaction value of the deal stood at Rs 25.02 crore

IOL Chemicals & Pharmaceuticals

IOL Chemicals & Pharmaceuticals Ltd was incorporated in 1986 and is one of India’s leading manufacturers of pharmaceutical APIs and specialty chemicals. The company is among the world’s largest producers of Ibuprofen API and also manufactures chemicals such as Ethyl Acetate. It exports its products to over 80 countries.

With a market capitalization of Rs 5,094 crore, IOL Chemicals & Pharmaceuticals Ltd witnessed block deals where HRTI Private Limited sold 10.14 lakh shares of the company at Rs 169.61 per share. Meanwhile, Polunin Emerging Markets Small Cap Fund LLC bought 44.19 lakh shares at Rs 166.65 per share. The total transaction value of the shares sold stood at Rs 17.19 crore, while the purchase value stood at Rs 73.63 crore.

India Tourism Development Corporation Ltd

India Tourism Development Corporation Ltd (ITDC) was incorporated in 1966 and is a public sector enterprise under the Ministry of Tourism. The company operates hotels under the Ashok brand and is engaged in hospitality, travel services, duty-free retail, catering, event management, and tourism-related consultancy across India.

With a market capitalization of Rs 6,463 crore, India Tourism Development Corporation Ltd witnessed block deals where Dipan Mehta Commodities Private Limited bought 7,350 shares of the company at Rs 734.15 per share, while Elixir Wealth Management Private Limited purchased 7,277 shares at Rs 739.43 per share. The total transaction value of the purchases stood at Rs 1.08 crore.

Bayer CropScience Ltd

Bayer CropScience Ltd was incorporated in 1958 and is the Indian subsidiary of Bayer AG. The company develops and markets crop protection products, seeds, and digital farming solutions for Indian farmers. Its portfolio includes well-known agricultural brands across insecticides, herbicides, fungicides, and hybrid seeds.

With a market capitalization of Rs 18,512 crore, Bayer CropScience Ltd witnessed a block deal where Bayer CropScience Aktiengesellschaft sold 53.54 lakh shares of the company at Rs 4,122.30 per share, while Bayer AG bought the same 53.54 lakh shares at the same price of Rs 4,122.30 per share. The total transaction value of the deal stood at Rs 2,207.22 crore.

Jindal Drilling & Industries Ltd

Jindal Drilling & Industries Ltd was incorporated in 1983 and provides offshore drilling and related services to the oil and gas exploration industry. The company owns and operates offshore drilling rigs and offers directional drilling and mud logging services to major oil companies, including ONGC.

With a market capitalization of Rs 1,849 crore, Jindal Drilling & Industries Ltd witnessed block deals where Dipan Mehta Commodities Private Limited bought 6,105 shares of the company at Rs 611.25 per share, while Elixir Wealth Management Private Limited purchased 6,000 shares at Rs 610.82 per share. 

On the selling side, HRTI Private Limited sold 5,773 shares at Rs 605.69 per share, and Irage Broking Services LLP sold 39,486 shares at Rs 605.59 per share. The total transaction value of the purchases stood at Rs 74.06 lakh, while the total value of shares sold stood at Rs 2.70 crore.

Ramco Systems Ltd

Ramco Systems Ltd was incorporated in 1989 and is an enterprise software company focused on cloud-based ERP, payroll, aviation maintenance, logistics, and human capital management solutions. The company serves customers across more than 35 countries and is part of the Ramco Group.

With a market capitalization of Rs 3,237 crore, Ramco Systems Ltd witnessed block deals where HRTI Private Limited bought 36,532 shares of the company at Rs 873.02 per share, while QE Securities LLP purchased 3,909 shares at Rs 873.86 per share. On the selling side, Junomoneta Finsol Private Limited sold 942 shares at Rs 883.61 per share. The total transaction value of the purchases stood at Rs 3.53 crore, while the value of shares sold stood at Rs 8.33 lakh.

Saksoft Ltd

Saksoft Ltd was incorporated in 1999 and is a digital transformation and information management company. It provides services in data analytics, cloud, artificial intelligence, automation, application development, and fintech solutions. The company serves clients across banking, insurance, retail, healthcare, and logistics sectors.

With a market capitalization of Rs 2,262 crore, Saksoft Ltd witnessed block deals where Anupama Shetty bought 1.05 lakh shares of the company at Rs 173.50 per share, while HRTI Private Limited purchased 0.81 lakh shares at Rs 171.70 per share. Additionally, Shetty Abijit bought 8,878 shares at Rs 172.33 per share. The total transaction value of the purchases stood at Rs 3.23 crore.

Share India Securities

Share India Securities Ltd was incorporated in 1994 and is a financial services company offering stock broking, depository services, investment banking, portfolio management, wealth management, and algorithmic trading solutions. The company also has businesses in insurance distribution, NBFC lending, and merchant banking, serving both retail and institutional clients.

With a market capitalization of Rs 3,920 crore, Share India Securities Ltd witnessed block deals where Irage Broking Services LLP bought 14.26 lakh shares of the company at Rs 180.73 per share, while QE Securities LLP purchased 3.26 lakh shares at Rs 180.26 per share. On the selling side, Irage Broking Services LLP sold 14.26 lakh shares at Rs 181 per share. The total transaction value of the purchases stood at Rs 31.65 crore, while the value of shares sold stood at Rs 25.81 crore.

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