Bulk deals on July 3: Shree Ram Proteins, Crayons Advertising, others exchange hands; check buyers, sellers

livemint.com:

Shree Ram Proteins, Crayons Advertising, Shree Tirupati Balaji, among others, saw heavy and selling on July 3. According to NSE data, L7 Hitech Private Limited sold 20,00,000 shares of Shree Ram Proteins at an average price of ₹3.40. Vikasa Global Fund PCC - Eubilia Capital Partners Fund sold 1,50,000 shares of Crayons Advertising at an average price of ₹151.65, according to NSE block deal data.

In addition, Anant Agarwal sold 1,20,000 shares of Shree Tirupati Balaji at an average price of ₹102.33. Bhavesh Kirti Mathuria sold 90,000 shares of Atal Realtech at an average of ₹118.63. Optume Investments bought 92,810 shares of Atal Realtech at an average price of ₹118.61.

Also Read: Indiabulls HF under F&O ban on NSE on July 4; check details Kankeshwari Securities Pvt Ltd bought 75,000 shares of Startech Finance at an average price of ₹171.48. Shreeji Capital And Finance Limited sold 75,000 shares of Startech Finance at an average of ₹171.48. Also, Gupta Ramesh Sumit Kumar bought 85,000 shares of Power Instrument at an average price of ₹41.16.

A bulk deal is a transaction in which at least five per cent of a company's total equity shares are traded all at once. These transactions can take place throughout the regular trading session, unlike block deals. Bulk transactions do not require the opening of a special window.

However, it is possible in the block deal window. On the other hand, block deals refer to single trades with a 5 lakh share minimum or a value of ₹10 crore. When two parties agree to buy and sell at least this many shares at the same price, it occurs.