Block deals, June 17: Zydus Wellness surges over 3.5% after ₹879 crore worth of shares change hands; TVS Supply Chain in the red

As per the NSE data, as many as 46,27,111 shares of Zydus Wellness worth ₹879.15 crore changed hands. Shares of the company surged as much as 3.68% to ₹1,984 apiece. Last seen, the stock was trading 0.52% higher at ₹1,923.40 on the NSE.

In another block deal, as many as 39,50,000 shares of TVS Supply Chain Solutions worth ₹56.88 crore changed hands during the large trade window. The stock was trading over 2% lower at ₹140.39 on the NSE.

Meanwhile, Samayat Services LLP, the promoter entity of supermarket chain Vishal Mega Mart Ltd, is likely to offload a considerable stake in the company through block deals today.

The deal was earlier pegged at ₹5,057 crore. However, CNBC TV18 later reported that the deal size has been upsized to ₹9,896 crore worth of shares.

Yesterday (June 16), Reliance Industries (RIL) sold 85 lakh shares of Asian Paints for ₹1,876 crore through an open market transaction.

The share sale came days after Reliance Industries offloaded 3.50 crore equity shares, or a 3.64% stake, in Mumbai-based Asian Paints last week.

According to the block deal data on the National Stock Exchange (NSE), Reliance Industries, through its affiliate Siddhant Commercials Pvt Ltd, disposed of 85 lakh shares, representing a 0.88% stake in Asian Paints.

The shares were sold at an average price of ₹2,207 apiece, taking the transaction value to ₹1,875.95 crore.

Meanwhile, ICICI Prudential Mutual Fund (MF) bought these shares at the same price. With the acquisition of shares, ICICI Prudential MF's holding in Asian Paints rose to 2.12% from 1.24%.