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StockYard ( SEBI RA )

28th Aug · SEBI-Registered Analyst

📢 BNP Paribas Offloads Stakes Worth ₹3,000+ Crore in Block Deals Across Swiggy, Vishal Mega Mart, Waaree Energies & More

Mumbai, Aug 28 – In a series of large block deals on August 26, BNP Paribas Financial Markets, a unit of the French banking giant, sold stakes worth over ₹3,400 crore across multiple high-profile Indian companies, as per NSE data. 🔻 Major Stake Sales: Swiggy: Sold 2.69 crore shares at ₹430.38 each for ₹1,158 crore; also acquired 4.34 lakh shares at ₹426.68 for ₹18.5 crore. Vishal Mega Mart: Offloaded 5.53 crore shares at ₹152.80, totaling ₹845.13 crore. Hitachi Energy India: Sold 4.19 lakh shares at ₹19,794.72 apiece for ₹829 crore. Waaree Energies: Divested 17.83 lakh shares at ₹3,266.21 each for ₹583 crore. 🔄 Additional Activity: Eternal (Zomato’s parent): Bought over 10.12 crore shares at ₹318.10 for ₹3,220 crore; sold 16,083 shares for ₹51 lakh. The strategic reshuffling suggests a portfolio rebalancing move by BNP Paribas, possibly to rotate capital into new opportunities while exiting or reducing positions in key startups and growth companies. #BNPParibas #BlockDeal #Swiggy #VishalMegaMart #WaareeEnergies #HitachiEnergy #Zomato #StockMarketNews #IndianMarkets #BigMoneyMoves #FIIActivity #NSE #MarketBuzz

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