3.29% of BSE turnover via block deals

The Bombay Stock Exchange (BSE) has reported block deals worth Rs 80.28 crore on Monday against Rs 53.79 crore on Friday (July 1).

Nearly 1.35 million equity shares changed hands through block deals. It accounted for 3.29 per cent of the total BSE turnover of Rs 2,432 crore.

Rakesh Jhunjhunwala purchased 16.89 lakh shares of TV Today Network for Rs 16.43 crore. The deals were struck on the BSE and the NSE. He purchased 3.56 lakh equity shares at a price of Rs 95.98 per share. He bought additional 3.43 lakh shares at Rs 99.85 and 9.90 lakh shares at Rs 94.77 from NSE. The seller's name is not available.

Major block deals on BSE were in stocks such as Welspun-Gujarat Stahl Rohren (29.83 lakh), TV Today (3.56 lakh), Brijlaxmi Leasing (10.69 lakh), Doctors Biotech (3.22 lakh) and Era Constructions (2.16 lakh).

Rowe Price Fleming International sold 2.98 lakh equity shares of Welspun -Gujarat Stahl Rohren at a price of Rs 73 per share on BSE. Bawa Pharma sold three lakh shares of Amtek India, Emerging Capital Advisors sold 50,000 shares of Alps Industries at price of Rs 134 per share.

UTI unit scheme 1 sold 2.79 lakh equity shares of M M Forgings to Prudential ICICI Mutual Fund for a total consideration of Rs 6.42 crore.

Mackennas Minerals Equipment (1.86 lakh) and WG Share Broking (1 lakh) bought 2.86 lakh equity shares of Amtek India for Rs 9.18 crore.