Block Deal: Stock in focus after Societe Generale and others bought shares worth ₹300 Cr
Alex Smith
3 weeks ago
Synopsis:- Several stocks moved into focus after block deals involving marquee global investors. Transactions included purchases of 10 lakh, 5.49 lakh, and 60 lakh shares, valued at over ₹300 crore combined. Continued institutional participation, including earlier acquisitions of 1.3+ crore shares, highlights sustained strategic interest and evolving stake realignments.
A block deal is a largely negotiated trade between two parties, executed on the stock exchange through a special window. These high-value transactions, typically involving institutional investors, allow bulk buying or selling without disrupting market prices. Block deals often signal strategic interest, fund movements, or stake changes in a listed company.
Adani Green Energy
Adani Green Energy is one of India’s largest renewable power producers, focused on utility-scale solar and wind projects. The company plays a key role in India’s clean energy transition, with a rapidly expanding capacity portfolio, long-term PPAs, and strong backing from the Adani Group.
With a market capitalization of Rs 1,48,311.74 crore, the shares were trading at Rs 900.10 per share, increasing around 2.33 percent as compared to the previous closing price.
The shares of Adani Green Energy have seen positive movement after Goldman Sachs Bank Europe SE bought 10 lakh shares in the company, at an average price of Rs 883.30 per share, which is valued at Rs 88.33 crore, meanwhile Societe Generale also acquired 5.49 lakh shares at Rs 879.50 per share for Rs 48.28 crore. However, BNP Paribas Financial Markets offloaded the same quantity.
RBL Bank
RBL Bank is a private sector bank offering a wide range of banking and financial services across retail, corporate, and MSME segments. It has a strong presence in credit cards, microfinance, and commercial banking, supported by a growing branch network and digital-first initiatives.
With a market capitalization of Rs 18,172.17 crore, the shares were trading at Rs 294.45 per share, decreasing around 1.04 percent as compared to the previous closing price.
According to the exchange, BOFA Securities Europe SA acquired 60 lakh shares in RBL Bank at an average price of Rs 296 per share, which is valued at Rs 177 crore, however, BNP Paribas Financial Markets offloaded the same quantity.
Previously, RBL Bank Limited witnessed strong institutional interest through a series of bulk and block deals executed on 6 November 2025. All transactions were carried out at a uniform price of Rs 320.65 per share, indicating price discovery at a single negotiated level and coordinated participation by large global and domestic investors.
Marquee names such as Societe Generale, Abu Dhabi Investment Authority (ADIA), Goldman Sachs, Citigroup, BofA Securities, HSBC Mutual Fund, and HDFC Standard Life together acquired over 1.3 crore shares. This broad-based buying by long-only and global institutions signals improving confidence in the bank’s medium-term outlook and balance-sheet stability.
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