While Amagi Media Labs and Shanthi Gears were trading with gains, Tube Investments and Shadowfax Tech stocks were trading lower.
Amagi Media Labs
A total of 1.05 crore shares of Amagi Media Labs or 4.85% of its equity worth ₹587 crore changed hands at ₹560 per share in the pre-market block deal window on Friday.
At the end of the June quarter, promoter entities held 15% stake in the company while public shareholders held 85% stake.
Shares of Amagi Media Labs are trading 5.2% higher on Friday, having cooled slightly from the highs of the day, at ₹606.4. The stock has now extended its gains to 75% so far since its listing.
Tube Investments
The company acquired an additional 2.7% stake in Shanthi Gears via block deals.
At the end of the June quarter, promoter entities held 70% stake in Shanthi Gears, while 30% comprised of public shareholding. Promoter Tube Investments held 70.46% stake, as per data available on the exchanges.
While shares of Shanthi Gears have surged as much as 18.6% on Friday after the transaction to ₹458.75, those of Tube Investments have declined to the lows of the day, trading 0.8% lower at ₹2,906.7.Shadowfax Technologies
As much as 1.3% of its equity changed hands via block deals on Friday.
At the end of the first quarter, promoter entities held 17% stake in the company while public shareholders held 83% stake.
After having declined as much as 5% after the block deal to make an intraday low of ₹244.6, shares of Shadowfax Technologies have recovered most of those losses, currently trading 1.3% lower at ₹254.7.
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