HDFC Bank Records Rs. 95.62 Crore Block Trade on NSE
HDFC Bank witnessed major institutional activity with a block trade worth Rs. 95.62 crores on NSE, involving over 1 million shares at Rs. 950.40 per share, indicating strong investor confidence and institutional participation.
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HDFC Bank witnessed significant institutional activity with a major block trade executed on the National Stock Exchange (NSE). The transaction represents substantial investor interest in the banking major's shares.
Block Trade Details
The block trade executed on NSE involved a considerable volume and value, highlighting active participation from institutional investors.
| Parameter: | Details |
|---|---|
| Total Value: | Rs. 95.62 crores |
| Number of Shares: | 1,006,070 shares |
| Price per Share: | Rs. 950.40 |
| Exchange: | NSE |
Market Significance
Block trades are typically executed by institutional investors, mutual funds, or large stakeholders looking to buy or sell significant quantities of shares without impacting the regular market price. These transactions are conducted outside the normal trading mechanism to ensure minimal market disruption.
The execution of such a substantial block trade indicates active institutional participation in HDFC Bank shares. The price of Rs. 950.40 per share reflects the valuation at which institutional investors were willing to transact in this large-volume deal.
Transaction Impact
With approximately 1,006,070 shares changing hands in a single transaction, this block trade represents meaningful institutional activity. Such transactions often signal confidence from large investors and provide liquidity for significant shareholding changes without affecting regular market operations.
Historical Stock Returns for HDFC Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.67% | -0.90% | +0.15% | -6.60% | +9.41% | +19.99% |
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