News Orders & Deals HDFC Bank Records Rs. 21.22 Crore Block Trade on NSE at Rs. 933.75 Per ShareHDFC Bank Records Rs. 21.22 Crore Block Trade on NSE at Rs. 933.75 Per Share
HDFC Bank recorded a major block trade on NSE worth Rs. 21.22 crores involving approximately 227,259 shares at Rs. 933.75 per share. The transaction highlights significant institutional investor activity and demonstrates continued market interest in the banking sector through the block deal mechanism.
*this image is generated using AI for illustrative purposes only.
HDFC Bank witnessed significant institutional trading activity with a major block trade executed on the National Stock Exchange (NSE). The transaction represents substantial market participation and highlights continued investor interest in the banking sector.
Block Trade Details
The block trade executed on NSE involved key parameters that demonstrate the scale of institutional activity:
| Parameter: | Details |
|---|---|
| Total Value: | Rs. 21.22 crores |
| Number of Shares: | ~227,259 shares |
| Price Per Share: | Rs. 933.75 |
| Exchange: | NSE |
Market Significance
HDFC Bank block trades of this magnitude typically indicate institutional investor participation, including mutual funds, insurance companies, or foreign institutional investors. Such transactions are executed through the block deal mechanism to facilitate large volume trades without significantly impacting the stock's market price during regular trading hours.
The price of Rs. 933.75 per share reflects the negotiated rate between the buyer and seller for this substantial transaction. Block deals provide an efficient mechanism for large investors to execute significant positions while maintaining market stability.
Historical Stock Returns for HDFC Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.35% | +1.47% | -5.99% | -7.77% | +11.16% | +34.09% |
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