Rekha Jhunjhunwala stock jumps 7% after shares worth ₹290 Cr change hands via block deals

Synopsis:  The shares of an emerging BFSI Firm saw 4.25 crore of its shares change hands, valued at Rs 290 crore leading to restructuring of stakes.

On Monday morning, A Banking, Financial Services, and Insurance (BFSI) company share was in the spotlight soon after the company saw 4.25 crore shares of the company change hands via a block deal. The total transaction was worth Rs 290 Cr.

With a market cap of Rs 2,060 Cr Geojit Financial Services Ltd (GEOJITFSL) saw its stock hit an intraday high of Rs 76 which is 8.5 percent higher than the previous close of Rs 70.

About the Block Deal

On 15th December 2025,  Geojit Financial Services witnessed a large block deal with 4.25 crore shares, representing 15.25 percent equity of the BFSI company, This transaction took place at an average price of Rs 68 per share, and valued the transaction at Rs 290 crore. 

While the buyer and seller have not yet been officially disclosed, As per the September- end shareholding pattern, the promoters of the company held a 51.7 percent stake, which includes BNP Paribas SA’s 22.13 percent and Kerala state industrial development corporation ltd’s 8.36 percent holding.  The Public has a 44.5 percent stake in the company and a prominent name in this includes Rekha Jhunjhunwala, who owns 7.2 percent of the company.

Financial Overview & Future Outlook

In the latest quarter GEOJITFSL saw its  YoY revenue go down by 21 percent, going from Rs 218 Cr in Q2FY25 to Rs 172 Cr in Q2FY26, while the QoQ went up by 12 percent from Rs 153 Cr in Q1FY25. The YoY Net Profits fell by 60 percent, going from Rs 57 Cr in Q2FY25 to Rs 23 Cr in Q2FY26, while the QoQ fell by 20 percent from Rs 29 Cr in Q1FY25. 

In the Rs 172 Cr Revenue, RS 81.64 cr is from Equity and Rs 62.33 Cr is from Financial products, and out of this Rs 33 Cr is from Mutual Fund distribution and Rs 27 Cr from Insurance distribution income

Geojit Financial Services is strategically scaling its business with an imminent DIFC launch, which targets the NRI wealth in the UAE. The company is seeing rising demand for USD- denominated products amid rupee concerns. With a cash net worth of Rs.  1,081 crore, 65- 70 percent deployed in loans and working capital, Geojit maintains liquidity while funding growth. 

Revenue concentration from Kerala is at 35 percent and has been reducing as the firm expands across South India. Focused on high- net- worth clients, shifting revenue toward mutual funds and insurance, and accepting intentional margin pressure for distribution and tech scaling, the company strengthens long- term growth.

Headquartered in Kochi, Kerala and incorporated in 1994, Geojit Financial Services Limited offers a full suite of financial services, including online stock broking, mutual fund and insurance distribution, portfolio management, and margin funding, catering to both retail and high-net-worth clients.

Written by Adithya Menon

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Rekha Jhunjhunwala stock jumps 7% after shares worth ₹290 Cr change hands via block deals appeared first on Trade Brains.