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In a prominent series of bulk deals on August 8, Albula Investment Fund Ltd acquired 24.65 lakh shares in DCW at an average price of Rs 71.35. Simultaneously, LTS Investment Fund Ltd offloaded an equal number of shares in DCW at the same price, indicating a direct transfer between the two funds.
Another major transaction took place in Apollo Micro Systems, where Nexpact Limited sold 16 lakh shares at an average price of Rs 111.95. This sale reflects a major move in the company’s stock, potentially impacting its market dynamics.
In the smaller cap segment, Sixth Sense India Opportunities II sold 5 lakh shares in JHS Svendgaard Laboratories at an average price of Rs 24.44. This transaction indicates a possible shift in investment strategy by Sixth Sense India, which could have implications for the stock’s future performance.
A noteworthy transaction also occurred in TCNS Clothing Company, where TA FDI Investors Limited sold 15.05 lakh shares at an average price of Rs 561.93. The sale by TA FDI Investors may signal a reallocation of assets or a profit-booking strategy in the clothing retail sector.
Lastly, Standard Chartered Bank offloaded 12.5 lakh shares in Protean eGov Technologies at an average price of Rs 1,799.79. This important sale by a major institutional investor like Standard Chartered could indicate strategic repositioning or liquidity management.
These bulk deals collectively highlight a day of weighty trading activity across various sectors, with large institutional investors making decisive moves in their portfolios.