Rs 16,600-cr worth block deals take place this week; Mankind Pharma, Shriram Finance see significant actio

Posted on:
Key Points

Over three dozen companies from large, mid and smallcap segments witnessed prominent block deals worth Rs 16,624 crore which included both buying and selling action...

In the largecap segment, 15 companies witnessed significant block deals that were worth Rs 8,026 crore led by Mankind Pharma which saw equity worth Rs 2,639 crore changing hands..

The next in line were IndusInd Bank (Rs 895 crore), Axis Bank (Rs 816 crore), HDFC Life Insurance (Rs 614 crore), Reliance Industries (Rs 570 crore), State Bank of India (Rs 548 crore), Mahindra & Mahindra (Rs 348 crore), and Kotak Mahindra Bank (Rs 243 crore)...

In the midcap segment, a dozen companies witnessed prominent block deals on screen which were worth Rs 4,253 crore..

The others were SG Mart, Ethos, CE Infosystems, Aditya Vision, Five Star Business Finance, HFCL, BLS International, Restaurant Brands Asia and Global Health which saw deals between Rs 99 crore and 50 crore...