3 Stocks in Which Mutual Funds and Investors Bought and Sold Stakes
Synopsis: Major institutional investors remained active across PB Fintech, Lenskart, and 360 ONE WAM as large stake transactions highlighted continued investor interest and portfolio reshuffling in financial and consumer-focused businesses.
Bulk deals are large-volume transactions in listed equities where a significant number of shares are traded in a single window, typically by institutional investors. These deals often indicate strategic stake changes, reflecting entry, exit, or portfolio rebalancing. While they can influence short-term market sentiment and liquidity, bulk deals do not always signal fundamental shifts, but they are closely tracked for cues on investor confidence and sectoral
PB Fintech Limited is the parent company of digital financial platforms Policybazaar and Paisabazaar. Founded in 2008 and headquartered in Gurugram, the company provides online insurance and lending products through a technology-driven platform. It enables users to compare, evaluate, and purchase financial products while helping insurers and lenders expand digital distribution across India and the UAE.
Tencent Cloud Europe BV exited PB Fintech by selling its entire 1.05 percent stake worth Rs 805.4 crore at Rs 1,664 per share, with buyers including Tata AIA Life Insurance, HDFC Mutual Fund, Morgan Stanley Asia Singapore, Societe Generale, and Ghisallo Master Fund, reflecting continued institutional interest in the company.
With the market capitalization of Rs. 76,145 Crores, the shares of PB Fintech Ltd were trading at around Rs. 1646 per share which is 16.7 percent discount from its 52 weeks high of Rs. 1978 per share and is trading at a P/E of 114 where as industry P/E stands at 22.2
Lenskart Solutions Ltd:
Lenskart Solutions is one of India’s leading eyewear retailers, founded by Peyush Bansal in 2008. The company operates through an omni-channel model combining online platforms and retail stores across India and overseas markets. Lenskart offers prescription glasses, sunglasses, contact lenses, and eye-checkup services, supported by technology-driven manufacturing and strong brand presence
Lenskart Solutions witnessed a large pre-IPO stake transaction where 82 investors acquired 11.22 crore shares, representing a 6.46 percent stake worth Rs 5,313.6 crore, while existing investors such as TR Capital, Alpha Wave Ventures, Kariba Holdings, and TRI Funds Holding exited partially, highlighting strong global investor participation and confidence in the company’s future growth prospects.
With the market capitalization of Rs. 85,275 Crores, the shares of Lenskart Solutions Ltd Were trading at around Rs. 491 per share which is 12 percent discount from its 52-week high of Rs. 560 per share and is trading at a P/E of 225 where as industry P/E stands at 45.8
360 ONE WAM Ltd:
360 ONE WAM is a Mumbai-based wealth and asset management company offering investment advisory, portfolio management, lending, and asset management services to high-net-worth individuals, family offices, and institutions. Formerly known as IIFL Wealth Management, the company manages a wide range of public and private market investments and has expanded its digital wealth offerings through acquisitions like ET Money
360 ONE WAM witnessed a bulk deal where SBI Mutual Fund acquired a 0.86 percent stake worth Rs 391.7 crore at Rs 1,115 per share, while Times Internet sold nearly 0.88 percent stake through the transaction, indicating sustained institutional interest in the wealth management business.
With the market capitalization of Rs. 45,718 Crores, the shares of 360 ONE WAM Ltd were trading at around Rs. 1125 per share which is 11.6 percent discount from its 52 weeks high of Rs. 1274 per share and is trading at a P/E of 37.6 whereas industry P/E stands at 21.6
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