PG Electroplast Ltd is set to witness a major block deal on May 27, 2025, as the company’s promoter is expected to offload over 5% stake in the firm. The total deal size is pegged at ₹1,177 crore, with the floor price set at ₹740 per share, representing a 4.4% discount to the current market price.
As of 3:30 PM IST on May 26, the stock closed at ₹773.95, marginally down 0.06%, after trading in a volatile range between ₹755 and ₹780.95 during the session. The stock had opened at ₹777.85 and saw renewed buying interest toward the close, as news of the block deal circulated in the market.
At a market capitalization of ₹21,930 crore and a P/E ratio of 73.36, PG Electroplast remains a key player in the electronics manufacturing space. The block deal is expected to improve liquidity and broaden institutional holding in the stock.
Further details, including buyer names and transaction execution, will be closely tracked when the block window opens on Tuesday.
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