Shares of Sun Pharmaceutical Industries remained largely flat in early trade on Tuesday, April 28, even as a block deal was executed in the stock. The shares were trading around Rs 1,732.10, down marginally by Rs 1.40 or 0.08% from the previous close of Rs 1,733.50.
As per market data, a block deal involving 1,39,060 shares was executed at a price of Rs 1,724 per share, translating to a total transaction value of approximately Rs 23.97 crore.
Despite the transaction, the stock showed limited movement, indicating that the deal may have been absorbed by the market without significant impact on price action.
The identities of the buyers and sellers involved in the block deal are not disclosed at this stage.
Sun Pharma traded within a day range of Rs 1,714.30 to Rs 1,732.30 so far, with a market capitalization of approximately Rs 4.15 lakh crore.
This remains a developing story, and further details on the participants or intent behind the transaction may emerge later.
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