HDFC Bank Records ₹146.59 Crore Block Trade on NSE at ₹932.15 Per Share
HDFC Bank executed a major block trade on NSE worth ₹146.59 crores involving 1,572,607 shares at ₹932.15 per share. The transaction represents significant institutional activity in the banking stock and demonstrates large-scale investor participation through the block trade mechanism.
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HDFC Bank recorded a significant block trade on the National Stock Exchange (NSE) worth ₹146.59 crores. The transaction represents substantial institutional activity in one of India's leading private sector banks.
Block Trade Details
The block trade executed on NSE involved key parameters that highlight the scale of the transaction:
| Parameter: | Details |
|---|---|
| Total Value: | ₹146.59 crores |
| Number of Shares: | 1,572,607 shares |
| Price Per Share: | ₹932.15 |
| Exchange: | NSE |
Market Significance
Block trades are typically executed by institutional investors, mutual funds, insurance companies, or other large market participants. These transactions allow large volumes to be traded without significantly impacting the stock's regular market price. The execution price of ₹932.15 per share reflects the institutional demand for HDFC Bank shares.
Transaction Impact
The block trade represents approximately 1.57 million shares changing hands in a single transaction. Such large-scale institutional activity often indicates confidence in the banking sector and HDFC Bank's fundamentals. Block trades are executed through separate trading windows to ensure minimal disruption to regular market operations while facilitating large volume transactions efficiently.
Historical Stock Returns for HDFC Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.36% | -0.61% | -5.51% | -4.85% | +12.79% | +23.84% |
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