Mahanagar Gas and 3 other stocks in which bulk and block deal took place

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Mahanagar Gas and 3 other stocks in which bulk and block deal took place


Synopsis:- Several stocks remained in focus after multiple bulk and block deals involving stakes like 6.17 lakh shares (₹58.7 crore) and 18.02 lakh shares (₹34 crore). Despite weak markets with Nifty near 22,500, these transactions highlight continued institutional activity and shifting investor positions across sectors.

Bulk and block deals are large stock transactions executed on exchanges by institutional or high-value investors. Bulk deals happen during regular trading hours, while block deals occur through a separate window. These deals often signal investor sentiment, strategic entry or exit, and can influence short-term price movements in stocks.

The market started the week on a negative note, with the Nifty50 opening below at 22,500 amid weak global cues, surging crude oil prices and rising geopolitical tensions. Except oil & gas and metal, all other sectoral indices are trading in the red with auto, FMCG, consumer durables, private bank,  pharma, and PSU bank down 1-2%.

Mahanagar Gas is one of India’s leading city gas distribution companies, supplying compressed natural gas (CNG) and piped natural gas (PNG) across Mumbai and nearby regions. It plays a key role in cleaner energy adoption, benefiting from rising urban demand, government support, and expansion into new geographical areas.

With a market capitalisation of Rs 9,130 crore, the shares were trading at Rs 924 per share, decreasing around 2 percent as compared to the previous closing price.

As per the exchange, Washington State Investment Board acquired 6.17 lakh shares of Mahanagar Gas Limited worth Rs 58.7 crore at Rs 950.42 per share, taking a 0.62% stake. The deal signals institutional confidence in the company’s stable city gas business and long-term growth visibility driven by rising clean energy demand.

Apollo Micro Systems

Apollo Micro Systems operates in the defence and aerospace electronics space, providing high-end electronic and electromechanical solutions. The company caters to India’s growing defence needs, benefiting from the indigenisation push. Its capabilities include missile systems, avionics, and space applications, positioning it well in a high-growth, technology-driven sector.

With a market capitalisation of Rs 6,751 crore, the shares were trading at Rs 189 per share, decreasing around 2 percent as compared to the previous closing price. As per the exchange, Motilal Oswal Mutual Fund bought 18.02 lakh shares, which is equivalent to 0.5% stake in Apollo Micro Systems for ₹34.17 crore, indicating fresh interest. 

Arvind SmartSpace

Arvind SmartSpaces is a real estate development company focused on residential, commercial, and plotted projects across key Indian cities. Backed by the Arvind Group legacy, it emphasises design, quality, and execution. The company is expanding through asset-light models and joint developments, tapping into growing urban housing demand.

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With a market capitalisation of Rs 2,315 crore, the shares were trading at Rs 505 per share, decreasing around 2 percent as compared to the previous closing price.

As per the exchange, HDFC Capital Affordable Real Estate Fund-1 sold 4.58 lakh shares, representing a 1% stake, at ₹509.99 per share, totaling ₹23.39 crore. Simultaneously, ASL ESOP Trust purchased the same 4.58 lakh shares at ₹510 per share for ₹23.39 crore, indicating a stake transfer without major impact on the overall ownership structure.

Cube Highways Trust

Cube Highways Trust is an infrastructure investment trust (InvIT) that owns and operates a portfolio of toll roads and highways in India. It provides stable, long-term cash flows backed by infrastructure assets, attracting institutional investors. The trust plays an important role in financing and maintaining India’s expanding road network.

With a market capitalisation of Rs 19,622 crore, the shares were trading at Rs 146 per share, decreasing around 0.01 percent as compared to the previous closing price.

As per the exchange, Spark Financial Holdings acquired 18 lakh units of Cube Highways Trust from Cube Mobility Investments Pte at ₹146 per unit, taking the total deal value to around ₹26.28 crore, indicating continued investor interest in infrastructure assets.

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    Abhishek is a Financial Analyst at Trade Brains with over 2+ years of hands-on experience in capital markets. Results-driven and has analysed 150+ listed companies, tracked multiple sectors, and provided meaningful insights. His work focuses on data-backed analysis, business fundamentals, and translating complex market trends into clear, actionable perspectives for investors and readers.



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