3 Stocks in Focus After Prominent Investor Buys and Sells Stakes via Bulk and Block Deals

Synopsis:- Stocks remained in focus amid bulk and block deals, with a 2.7% stake worth ₹483 crore changing hands and another 4.46% stake sale of ₹42.2 crore. Select counters saw up to 3% gains, while others declined over 4%, reflecting mixed investor sentiment.

Bulk and block deals are large share transactions executed on stock exchanges by institutional or high-net-worth investors. Bulk deals occur when over 0.5% equity is traded in a day, while block deals involve pre-arranged trades between parties. These deals often signal strategic moves, investor confidence, or ownership changes.

The Sensex was up 1,479.53 points or 2.06 percent at 73,427.08, and the Nifty was up 438.15 points or 1.96 percent at 22,769.55. About 3,440 shares advanced, 343 shares declined, and 86 shares were unchanged.

Cube Highways Trust

Cube Highways Trust is an infrastructure investment trust focused on operating and managing toll road assets across India. Backed by global investors, it generates stable cash flows through long-term concessions. The trust emphasises efficient operations, asset acquisition, and consistent returns, benefiting from India’s growing road infrastructure and increasing traffic volumes.

As per exchange data, Cube Mobility Investments, along with Cube Highways and Infrastructure III, divested a combined 2.7% stake, selling over 3.65 crore units worth ₹483 crore. This partial exit indicates portfolio rebalancing by institutional investors while capitalising on favourable valuations in the infrastructure investment space.

Meanwhile, as per exchange disclosures, strong institutional demand absorbed the supply, led by Kotak Mahindra Bank, Infrastructure and Real Assets Fund, and Mahindra & Mahindra. Additionally, ASK Financial and Neo Real Asset Yield Fund participated, reflecting continued confidence in stable yield-generating infrastructure assets and long-term growth prospects.

Shree Digvijay Cement Company

Shree Digvijay Cement Company is one of India’s established cement manufacturers with a strong presence in western India. Known for its quality products and legacy brand, the company caters to the infrastructure and construction sectors. It focuses on operational efficiency, sustainable practices, and regional demand growth to maintain steady performance.

With a market capitalisation of Rs 904.22 crore, the shares were trading at Rs 61.15 per share, decreasing around 4.36 percent as compared to the previous closing price of Rs 63.94 apiece.

As per exchange data, True North Fund VI LLP sold 65.95 lakh shares (4.46%) at ₹64, totalling ₹42.2 crore, reducing its 9.54% stake. Meanwhile, promoter India Resurgence Fund acquired 62.51 lakh shares (~4.2%) for ~₹40 crore, signalling increased confidence and ownership consolidation.

IRM Energy

IRM Energy operates in the city gas distribution space, supplying compressed natural gas (CNG) and piped natural gas (PNG) across multiple regions. The company benefits from India’s push towards cleaner fuels and expanding gas infrastructure, aiming to grow its network, customer base, and contribute to the country’s energy transition.

With a market capitalisation of Rs 757.55 crore, the shares were trading at Rs 184.50 per share, increasing around 3 percent as compared to the previous closing price of Rs 180.10 apiece.

As per exchange data, promoter entity IRM Trust acquired 2.56 lakh shares (0.62%) at ₹177.31 per share, totalling ₹4.5 crore. This incremental stake purchase signals promoter confidence in the company’s prospects and reinforces long-term commitment.

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