GMR Airport, Lenskart Solutions in focus as shares exchange hands in bulk and block deals on June 3

However, the stock of Lenskart Solutions was trading in the red, as SoftBank Group's investment arm, SVF II Lightbulb (Cayman) Ltd, sold more than 3% stake in the company on Wednesday.

GMR Airports

In a bulk deal on June 3, Goldman Sachs Trust II-Goldman Sachs GQG Partners Intl Opportunities Fund sold 16,27,45,207 shares of GMR Airports at ₹97.75 per unit, of which 14,92,50,100 shares were bought by FMRC Fidelity Advisor International Capital Appreciation Fund at the same trade price.

In a separate block deal, US-based investment firm GQG Partners sold a 1.8% stake, or 19,50,00,000 shares, in the airport operator, to Fidelity International, at ₹97.57 per unit aggregating to ₹1,906 crore through open market transactions.

At around 12:19 PM, GMR Airport shares were trading 4.62% higher at ₹103.40 per equity share. The scrip has gained 3% in the past week. However, on a year-to-date basis, it has fallen 4%.

Lenskart Solutions

Several domestic institutional investors and overseas entities, including Goldman Sachs Bank Europese, HDFC Life Insurance Company, India Acron Fund, International Monetary Fund, Mirae Asset Mutual Fund, among others, bought a stake in the eyewear technology firm via a block deal at the same trading price.

Societe Generale - ODI purchased 1,37,34,000 Lenskart shares at ₹508.55 apiece in a bulk deal, as per the exchange data.

At the time of writing, Lenskart stock was trading 0.30% lower at ₹514.60 per equity share. The share has lost more than 1% in the past week but rallied 17% on a year-to-date basis.

Other bulk deals on June 3

The shares of a plethora of companies, such as Apollo Micro Systems, Delta Corp, IFCI, Jeena Sikho Lifecare, Amba Auto Sales and Services, Atal Realtech, Bio Medica Laboratories, among others, changed hands in bulk deals on Wednesday.