Ola Electric and 2 other stocks in focus after prominent investor bought and sold stake

Synopsis:- Multiple stocks came into focus after bulk deals involving stake sales and acquisitions worth over ₹200 crore. Promoters and institutional investors adjusted holdings ranging from 0.5% to 1.5%, reflecting portfolio realignment, loan repayments, and selective confidence without materially altering long-term ownership structures.

A bulk deal refers to a large transaction in the stock market where a substantial number of shares of a listed company are bought or sold in a single trade. Such deals are usually executed by institutional investors and are closely tracked, as they often signal strong conviction, strategic shifts, or changing outlook on a company’s prospects.

Ola Electric Mobility

Ola Electric Mobility is a leading Indian electric vehicle company focused on accelerating sustainable transportation. It designs and manufactures electric scooters and battery technologies, supported by a digital-first sales model and large-scale manufacturing facilities. The company aims to drive mass EV adoption through innovation, affordability, and integrated charging solutions.

With a market capitalisation of Rs 14,988.00 crore, the shares were trading at Rs 33.98 per share, decreasing around 1.51 percent as compared to the previous closing price.

Bhavish Aggarwal’s sale of 2.62 crore shares in Ola Electric Mobility represents a limited 0.59% stake dilution, aimed at repaying a  Rs 260 crore promoter-level loan. Priced at  Rs 34.99 per share, the transaction appears financial in nature rather than strategic, reducing personal leverage while maintaining promoter control and long-term commitment to the business.

Pearl Global Industries

Pearl Global Industries is a global apparel manufacturing and sourcing company serving leading international fashion brands. With operations across India, Bangladesh, Vietnam, and Indonesia, it focuses on end-to-end solutions including design, manufacturing, and supply chain management, benefiting from strong export demand and diversified geographic presence.

With a market capitalisation of Rs 7,407.98 crore, the shares were trading at Rs 1,609.00 per share, decreasing around 1.64 percent as compared to the previous closing price.

SBI Mutual Fund acquired 6.6 lakh shares, representing a 1.43% stake, for  Rs 105.68 crore at  Rs 1,599.99 per share, signaling institutional confidence. Simultaneously, promoter Deepak Kumar Seth sold 6.25 lakh shares, or 1.35% stake, for  Rs 100 crore at around  Rs 1,600, suggesting partial stake monetisation without a major change in ownership control.

Karnataka Bank

Karnataka Bank is a mid-sized private sector bank in India with a strong presence in southern states. Established in 1924, it offers retail, MSME, corporate, and digital banking services. The bank focuses on improving asset quality, expanding its loan book, and strengthening technology-driven customer offerings.

With a market capitalisation of Rs 7,517.43 crore, the shares were trading at Rs 198.80 per share, increasing around 0.33 percent as compared to the previous closing price.

Non-institutional investor B Sumanthkumar Reddy acquired 19.09 lakh shares of Karnataka Bank, equal to a 0.5% stake, for  Rs 38.29 crore at  Rs 200.52 per share. The shares were sold by Gardens R R at a similar price, indicating a clean ownership transfer without impacting the bank’s overall shareholding structure.

Written by Abhishek Singh

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