Eternal Records Major Block Trade Worth ₹2,443.2 Crore on BSE
Eternal has executed a major block trade on BSE worth ₹2,443.2 crore involving approximately 98.89 million shares at ₹247.05 per share. This substantial institutional transaction reflects significant market activity and provides insights into large investor sentiment towards the company's stock.
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Eternal has recorded a major block trade on the Bombay Stock Exchange (BSE), marking significant institutional activity in the stock. The transaction represents one of the substantial block deals executed on the exchange.
Block Trade Details
The block trade involved a considerable volume of shares and was executed at a specific price point on the BSE platform.
| Parameter: | Details |
|---|---|
| Total Value: | ₹2,443.2 crore |
| Number of Shares: | ~98,894,853 shares |
| Execution Price: | ₹247.05 per share |
| Exchange: | BSE |
Market Implications
Block trades of this scale typically involve institutional investors, mutual funds, or other large market participants. Such transactions are executed outside the regular market to avoid impacting the stock's market price through large volume trades. The execution price of ₹247.05 per share provides insight into the valuation at which institutional investors are willing to transact in Eternal's shares.
The substantial volume of approximately 98.89 million shares indicates significant institutional interest or portfolio rebalancing activity. Block deals often serve as indicators of institutional sentiment and can provide valuable insights into large investor behavior regarding specific stocks.
Historical Stock Returns for Eternal
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.34% | -9.48% | -2.96% | -21.36% | +11.27% | +99.25% |
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