Bulk deals on July 10: Olectra Greentech, Cyient DLM, others exchange hands; check buyers, sellers

Olectra Greentech, Cyient DLM, Kshitij Polyline, and Global Tech Industries saw heavy buying and selling on July 10. According to NSE data, Graviton Research Capital LLP bought 19,40,453 shares of Olectra Greentech at an average price of ₹1,334.40. Also, Nippon India Mutual Fund A/c Power and Infra Fund bought 5,00,000 shares of Cyient DLM Ltd at an average price of ₹403. Multiplier Share and Stock Advisors Private Limited sold 2,95,464 shares of Kshitij Polyline at an average of ₹5.80.

Mohta Sarita bought 3,91,566 shares of Aartech Solonic Ltd at an average price of ₹117.62. Also, Malti Salvi sold 2,52,000 shares of Cell Point (India) Ltd at an average price of ₹68.20. Global Pet Industries also saw heavy buying and selling. BP Equities Private Limited sold 57,000 shares of Global Pet Industries at an average price of ₹53.38. 

Heena Gandhi sold 87,000 shares of Global Pet Industries at an average of ₹54.60. Jiten Prataprai Mathuria sold 54,000 shares at an average of ₹52.07. Menon Nirali bought 63,000 shares at an average of ₹52.05.

Selvamurthy Akilandeswari bought 81,000 shares of Global Pet Industries at an average price of ₹52 and Trishla Jain bought 72,000 shares at an average of ₹52.

A bulk deal is a transaction in which at least five per cent of a company's total equity shares are traded all at once. These transactions can take place throughout the regular trading session, unlike block deals. Bulk transactions do not require the opening of a special window. However, it is possible in the block deal window.

On the other hand, block deals refer to single trades with a 5 lakh share minimum or a value of ₹10 crore. When two parties agree to buy and sell at least these many shares at the same price, a block deal occurs.