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Nazara Technologies shares jump 18% as block deal covers nearly 5% equity and profits surge

Nazara Technologies shares jump 18% as block deal covers nearly 5% equity and profits surge

Nazara Technologies shares surged up to 18% to Rs 314 on Friday after a block deal reportedly covering nearly 4.9% of the company’s equity. The CNBC-TV18 report points to Nikhil Kamath of Zerodha and Axana Estates as likely buyers, with founder Nitish Mittersain believed to be the seller. Despite Q4FY26 revenue falling 23% YoY to Rs 398 crore, net profit jumped more than 13-fold to Rs 56 crore. Management also highlighted AI investments.

Summarised by Beize from a story on The Economic Times on 15 May 2026
Goldman Sachs Offloads Jio Financial Services Shares in 62 Cr Block Deal With Morgan Stanley Buying Entire Lot

Goldman Sachs Offloads Jio Financial Services Shares in 62 Cr Block Deal With Morgan Stanley Buying Entire Lot

Goldman Sachs has sold 26.8 lakh shares of Jio Financial Services in a ₹62 crore block deal, selling at ₹231.45 per share—about a 1.1% discount to the previous day’s price. Morgan Stanley Asia Singapore Pte bought the entire quantity. Despite the large divestment, JFS shares closed up 1.1% at ₹234.20 on the BSE. The move adds to a period of rapid expansion, even as critics question differentiation amid profit decline in Q4 FY26.

Summarised by Beize from a story on Inc42 on 14 May 2026

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Goldman Sachs exits Jio Financial in Rs 62 crore block deal as Morgan Stanley steps in at Rs 231 per share

Goldman Sachs exits Jio Financial in Rs 62 crore block deal as Morgan Stanley steps in at Rs 231 per share

Jio Financial Services witnessed a block deal on Thursday where Goldman Sachs sold more than 26.75 lakh shares worth Rs 62 crore to Morgan Stanley. The shares were sold via Goldman Sachs Bank Europe SE-ODI at Rs 231.45 each, while Jio Financial ended the day at Rs 234.20 on the BSE. Despite a weak one-year trend and a 14% year-on-year decline in Q4FY26 net profit to Rs 272 crore, the company reported explosive revenue growth and higher AUM and payment volumes.

Summarised by Beize from a story on The Economic Times on 14 May 2026
GQG unloads Adani Enterprises stake worth Rs 1435 crore as SBI Mutual Fund steps in

GQG unloads Adani Enterprises stake worth Rs 1435 crore as SBI Mutual Fund steps in

Marquee investor GQG Partners has sold nearly 58.9 lakh shares of Adani Enterprises in a block deal worth about Rs 1,435 crore. SBI Mutual Fund bought the entire stake at Rs 2,435.6 per share. The sale comes after the stock surged sharply during the session, rising up to 9%.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Adani Enterprises shares jump 5% after Rs 1435 crore block deal

Adani Enterprises shares jump 5% after Rs 1435 crore block deal

Adani Enterprises shares jumped more than 5% after a large block deal worth Rs 1,435 crore saw nearly 60 lakh shares change hands. The move comes even as the company reported a Q4 net loss, though revenue rose 20%. It pointed to an infrastructure-led model where infrastructure and utility segments power 80% of EBITDA and future cash generation.

Summarised by Beize from a story on The Economic Times on 14 May 2026
True North exits Fedbank Fin selling 385 cr worth shares in block deal

True North exits Fedbank Fin selling 385 cr worth shares in block deal

True North exited Fedbank Fin through a large block deal worth Rs 385.4 crore. The fund sold about 2.57 crore shares, representing 6.86% of its total equity. Nomura India Equity Fund bought the stake. After the transaction, Fedbank shares closed 1.9% lower at Rs 149.51 on Tuesday.

Summarised by Beize from a story on The Economic Times on 13 May 2026

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Groww IPO lock in ends and early backers cash out turning Peak XV YC Ribbit into multi baggers

Groww IPO lock in ends and early backers cash out turning Peak XV YC Ribbit into multi baggers

Groww’s early investors have begun selling shares immediately after the IPO lock-in period expired, triggering blockbuster gains for backers including Peak XV, Ribbit Capital, and Y Combinator. A sizable block deal saw millions of shares trade, reflecting how the fintech’s post-listing surge has rewarded first movers as lockups lifted.

Summarised by Beize from a story on The Economic Times on 12 May 2026
Groww stake sale sparks shock as Sequoia and others plan Rs 4750 crore blocks at Rs 177 share

Groww stake sale sparks shock as Sequoia and others plan Rs 4750 crore blocks at Rs 177 share

Groww’s existing investors, including Sequoia Capital and Ribbit Capital, plan to sell equity worth Rs 4,750 crore via block deals with a floor price of Rs 177 per share. The announcement triggered a steep drop in Groww’s stock as traders weighed the impact of large institutional selling at a discount, raising fresh questions on demand and valuations.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Tencent sells entire PB Fintech stake in huge ₹805 crore block deal, trimming years-long bets

Tencent sells entire PB Fintech stake in huge ₹805 crore block deal, trimming years-long bets

Tencent has exited PB Fintech completely, selling its entire 1.05% stake for ₹805.4 crore through a block deal. The sale involved offloading 48.4 lakh shares at ₹1,664 each, bought by funds including HDFC Mutual Fund and Morgan Stanley. Tencent’s stake has been steadily falling since 2019, as PB Fintech’s profits and revenue climb despite mixed share performance.

Summarised by Beize from a story on Inc42 on 9 May 2026
Emcure Pharma block deal Rs 289 crore ends as Norges Bank buys 18 lakh shares

Emcure Pharma block deal Rs 289 crore ends as Norges Bank buys 18 lakh shares

Emcure Pharmaceuticals reported a major block deal as BC Investments IV Limited sold about 18 lakh shares worth Rs 289 crore to Norges Bank. The buyer’s entry comes as the pharma company keeps outperforming, posting a 67% return over the past 12 months and a 50% year-on-year jump in net profit, bolstering investor interest.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026

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Peak XV exits MobiKwik in massive block deal worth 1.30 billion rupees

Peak XV exits MobiKwik in massive block deal worth 1.30 billion rupees

Peak XV Partners has completed an exit from One MobiKwik Systems via a block deal valued at over Rs 1.30 billion. The transaction marks a major liquidity event for the fintech startup’s investors, signaling continued reshuffling in India’s payments and digital credit landscape. The deal value underscores how quickly stakes can change hands in the VC-backed space.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026
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