HDFC Bank Records ₹61.94 Crore Block Trade on NSE at ₹934.55 Per Share
HDFC Bank executed a major block trade on NSE worth ₹61.94 crores involving 662,769 shares at ₹934.55 per share. The transaction reflects significant institutional investor activity and demonstrates continued market interest in the leading private sector bank.
*this image is generated using AI for illustrative purposes only.
HDFC Bank recorded a significant block trade on the National Stock Exchange (NSE) worth ₹61.94 crores. The large-volume transaction demonstrates continued institutional interest in one of India's leading private sector banks.
Transaction Details
The block trade involved substantial volume and value, reflecting significant market activity:
| Parameter: | Details |
|---|---|
| Total Value: | ₹61.94 crores |
| Number of Shares: | 662,769 shares |
| Price Per Share: | ₹934.55 |
| Exchange: | NSE |
Market Significance
Block trades are typically executed by institutional investors, including mutual funds, insurance companies, and foreign institutional investors. These transactions are conducted outside the regular order book to prevent significant price impact on the stock. The execution at ₹934.55 per share indicates the price level at which institutional investors were willing to transact in HDFC Bank shares.
Such large-volume transactions often reflect portfolio rebalancing activities, strategic investments, or divestment decisions by institutional players. The substantial value of ₹61.94 crores underscores the scale of institutional participation in HDFC Bank's stock.
Historical Stock Returns for HDFC Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.68% | +2.13% | -5.58% | -7.63% | +10.62% | +26.71% |
17
