Hindustan Copper Ltd Records ₹20.55 Crore Block Trade on NSE
Hindustan Copper Ltd recorded a significant block trade worth ₹20.55 crores on NSE, involving 293,819 shares at ₹699.25 per share. The transaction highlights institutional investor activity in the copper mining sector and demonstrates the use of block trading mechanisms for large volume transactions.
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Hindustan copper Ltd witnessed a significant block trade on the National Stock Exchange (NSE), highlighting notable institutional activity in the copper mining sector. The transaction represents a substantial movement in the company's shares through the block trading mechanism.
Block Trade Details
The block trade executed on NSE involved a considerable volume and value, demonstrating significant institutional participation. The transaction details reflect the current market dynamics for the copper mining company.
| Parameter: | Details |
|---|---|
| Total Value: | ₹20.55 crores |
| Number of Shares: | 293,819 shares |
| Price per Share: | ₹699.25 |
| Exchange: | NSE |
Market Implications
Block trades typically represent large institutional transactions that occur outside the regular market mechanism to minimize price impact. Such transactions often indicate portfolio rebalancing, strategic investments, or divestments by institutional investors, mutual funds, or other large stakeholders.
The execution price of ₹699.25 per share provides insight into the current valuation at which institutional investors are willing to transact in Hindustan Copper Ltd shares. The substantial volume of nearly 294,000 shares suggests significant institutional interest in the copper mining sector.
About Block Trading
Block trading mechanism allows large volume transactions to be executed efficiently without causing significant price volatility in the regular market. This facility is particularly useful for institutional investors looking to buy or sell large quantities of shares while maintaining market stability.
Historical Stock Returns for Hindustan Copper
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -7.85% | +31.64% | +43.69% | +171.05% | +206.63% | +1,064.42% |
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