Indian Hotels Co. Ltd. Records Rs. 45.41 Crore Block Trade on NSE
Indian Hotels Co. Ltd. executed a major NSE block trade involving 696,051 shares at Rs. 652.35 per share, generating Rs. 45.41 crores in transaction value. The block trade represents significant institutional trading activity in the hospitality sector stock.
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Indian Hotels Co. Ltd. witnessed significant institutional trading activity with a major block trade executed on the National Stock Exchange (NSE). The transaction involved a substantial volume of shares at a predetermined price, indicating organized institutional participation in the stock.
Block Trade Details
The block trade executed on NSE involved specific parameters that highlight the scale of the transaction:
| Parameter: | Details |
|---|---|
| Number of Shares: | 696,051 |
| Price per Share: | Rs. 652.35 |
| Total Transaction Value: | Rs. 45.41 crores |
| Exchange: | NSE |
Transaction Significance
Block trades typically represent large-volume transactions between institutional investors, executed outside the regular market to minimize price impact. The execution of this trade at Rs. 652.35 per share suggests organized institutional activity in Indian Hotels Co. Ltd. shares. Such transactions often indicate portfolio rebalancing, strategic investments, or institutional exits without disrupting regular market trading patterns.
The transaction value of Rs. 45.41 crores represents a substantial institutional movement in the hospitality sector stock, reflecting continued institutional interest in the company's equity.
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