Adani Ports, Tata Motors CV, among other stocks in focus after block deal transactions; check details

Stocks like Adani Ports, Tata Motors Commercial Vehicles (CV), Sunflag Iron & Steel Co., and Siemens Energy India are in focus of the market investors on Tuesday, May 5, as the companies witnessed several block deal transactions during Monday’s market session, according to BSE data.

A block deal is a stock purchase or sale transaction which involves a minimum value of ₹10 crore per trade in a single day.

Although the retail investors are not able to participate in the block deal transactions due to the size and scale of the deals, the stock market investors should keep track of the same ahead of the opening bell for the potential trending stocks of the day.

Block deals on Monday, May 4

While Europacific Growth Fund bought 17,449,024 shares, Capital Income Builder bought 3,780,969 shares, and Capital Group International All Countries Equity Trust purchased 24,628,712 shares at a price of ₹1,632.45 per share.

Adani Ports shares closed 5.3% higher at ₹1,742.85 after Monday’s market session, compared to ₹1,655.15 at the previous market close.

Tata Motors CV shares closed 0.73% higher at ₹412.95 after Monday’s trading session, compared to ₹409.95 at the previous market close, according to BSE data.

Siemens Energy India shares closed 1.16% higher at ₹3,320.35 after Monday’s market session, compared to ₹3,282.30 at the previous stock market close.

Valabh Roopchand Bhanshali purchased both 1,165,000 shares and 835,000 shares from the entities at the same trade price.

Sunflag Iron & Steel shares closed 9.86% higher at ₹320.75 after the stock market session on May 4, compared to ₹291.95 at the previous market close, according to BSE data.