Poonawalla Fincorp Records ₹24.52 Crore NSE Block Trade at ₹480.95 Per Share
Poonawalla Fincorp Limited executed a major NSE block trade worth ₹24.52 crores involving 509,789 shares at ₹480.95 per share. This substantial institutional transaction reflects significant market activity and strategic positioning by large investors in the financial services company's stock.

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Poonawalla Fincorp Limited has recorded a significant block trade on the National Stock Exchange (NSE), highlighting institutional activity in the financial services sector. The transaction represents a substantial volume of shares changing hands through the block trade mechanism.
Block Trade Details
The NSE block trade executed by Poonawalla Fincorp demonstrates considerable institutional interest in the company's shares. The following table summarizes the key transaction parameters:
| Parameter: | Details |
|---|---|
| Total Transaction Value: | ₹24.52 crores |
| Number of Shares: | 509,789 shares |
| Price Per Share: | ₹480.95 |
| Exchange: | National Stock Exchange (NSE) |
Understanding Block Trades
Block trades represent large-volume transactions that are typically executed by institutional investors, mutual funds, or other significant market participants. These transactions are conducted outside the regular trading mechanism to minimize market impact and ensure efficient price discovery for substantial volumes.
Market Implications
The execution of this block trade indicates active institutional participation in Poonawalla Fincorp's stock. Such transactions often reflect strategic investment decisions by large investors and can signal confidence in the company's business prospects. The price of ₹480.95 per share represents the agreed-upon value between the participating parties for this substantial volume transaction.
Block trades of this magnitude typically involve careful negotiation between buyers and sellers to ensure fair pricing while accommodating the large volume requirements of institutional investors.
Historical Stock Returns for Poonawalla Fincorp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.21% | +0.64% | +1.83% | +1.42% | +52.97% | +1,035.66% |
















































