₹15,000 Crore Worth of Block Deals: Bajaj Finserv, Yes Bank, Tata Tech and Others

The first week of June witnessed heightened activity in the Indian stock market through several large block deals. Over ₹15,000 crore worth of shares changed hands across more than 10 companies, involving financial institutions, insurance providers, technology firms and automobile component players. 

Bajaj Finserv Registers the Largest Block Deal of the Week

Bajaj Finserv Ltd. recorded the most substantial transaction, with 2.86 crore shares exchanged at ₹1,925 each. The trade represented 1.79% of the company’s equity and amounted to ₹5,506 crore. The transaction took place on Friday, June 6.

Aptus Value Housing Finance Sees ₹2,063 Crore Worth of Shares Traded

On June 3, Aptus Value Housing Finance saw a major trade involving around 6.7 crore shares at ₹307 per share. The deal represented 13.44% of the total equity, with a value of ₹2,063 crore.

Yes Bank Block Deals Total ₹2,022 Crore

Private sector lender Yes Bank recorded multiple block trades on Tuesday, involving 9.4 crore shares or 3% of the equity. The average trade price stood at ₹21.5, bringing the total transaction value to ₹2,022 crore. Reports suggest that a private equity investor may have been among the sellers.

Indegene Equity Transaction Worth ₹1,504 Crore

On June 4, Indegene Ltd. experienced a trade involving 2.53 crore shares, amounting to 10.56% of its equity. The shares were exchanged at ₹594 each, leading to a transaction value of ₹1,504 crore.

₹792 Crore Block Deal in ZF Commercial Vehicle Control System India

ZF Commercial Vehicle Control System India Ltd. saw a transaction of six lakh shares at an average price of ₹13,191. The trade, which represented 3.17% of the company’s equity, was valued at ₹792 crore.

Ola Electric Block Deal Involving ₹731 Crore

A total of 14.22 crore shares of Ola Electric Mobility were traded on June 3 at ₹51.4 per share. The trade, representing 3.23% equity, was worth ₹731 crore. Hyundai Motor Company is believed to be the likely seller.

Azad Engineering Sees Transaction of ₹730 Crore

Azad Engineering witnessed a block deal on June 6 involving 48 lakh shares at ₹1,640 each. The trade represented 7% of the company’s equity and was valued at ₹730 crore.

₹391.3 Crore Trade in Niva Bupa Health Insurance

On Monday, Niva Bupa Health Insurance saw the exchange of 4.95 crore shares, representing 2.7% equity. The shares were traded at ₹83 each, amounting to a total value of ₹391.3 crore.

Read More: Azad Engineering Share Price Drops 7.8% After ₹452 Crore Block Deal!

Additional Major Transactions Include Tata Technologies and Zinka Logistics

Other significant block deals recorded this week included:

• Zinka Logistics: ₹692 crore
   
• Tata Technologies: ₹634 crore
   
• Aditya Birla Fashion and Retail: ₹617 crore
   
• Indian Energy Exchange: ₹202 crore

These trades spanned across logistics, retail fashion, automotive technology and energy segments.

Conclusion

The week ending June 6 saw considerable institutional activity through block deals across sectors. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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