Sammaan Capital block deal
Societe Generale bought over 88.24 lakh shares in Sammaan Capital at a price of Rs 176.97 apiece. The shares were sold by Citigroup and Morgan Stanley in separate block deals.
Citigroup sold 37.41 lakh shares via its affiliate Citigroup Global Markets Mauritius Pvt Ltd while Morgan Stanley offloaded 50.52 lakh shares through Morgan Stanley Asia Singapore.
Sammaan Capital is a housing finance company with a market capitalization of Rs 14,737 crore on the NSE. The firm offers home loans and loans against property. The stock has been in top form, returning 29% to the investors in the past 12 months. The stock is currently trading above its 50-day and 200-day simple moving averages (SMAs) of Rs 159.9 and Rs 133, respectively according to Trendlyne data.
Live Events
Tata Capital block deal
In this stock, Societe Generale bought 11,53,013 shares that were sold by Marshall Wace Investment Strategies-Eureka Fund. Listed on October 13, 2025, company’s IPO was launched amid huge buzz. The Tata Group NBFC set the IPO price band between Rs 310 and Rs 326 per share and its shares are marginally down from the upper price band. They ended at Rs 323.80 on Thursday.
Axis Bank block deal
BofA was the seller in the deal and it sold 91,177 shares through BofA Securities Europe SA. Shares of Axis Bank have given returns of 5.8% in the past 12 months, slightly underperforming benchmarks Nifty (8.4%) and the BSE Sensex (7.4%), according to Trendlyne.
The stock is trading above its 50-day and 200-day SMAs of Rs 1,169 and Rs 1,124.2, respectively.
(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)