Block deals worth ₹1,800 crore in three companies
pre-market1 source ↓written by the desknot a recommendation
- on 22
- ₹1,800 crore
- saw
- 4.28 crore shares
- of its equity
- 3.14%
- change hands
- ₹531 crore
- shares rose
- 5.3%
Three companies, Paytm Ltd., JSW Cement Ltd., and Pine Labs Ltd., executed block deals totaling nearly ₹1,800 crore on 22 May. JSW Cement saw 4.28 crore shares or 3.14% of its equity change hands for ₹531 crore. This activity reflects strong investor interest and may influence trading sentiment in the cement sector.
• JSW Cement shares rose 5.3% to ₹134.23 after reporting improved operating performance.
• Paytm and Pine Labs also participated in these transactions, indicating robust market dynamics.
Not investment advice. For informational purposes only.