Shares of Welspun Living Ltd. and Texmaco Infrastructure & Holdings Ltd. experienced notable gains on September 23, 2026, with both stocks climbing up to 6% after reacting to substantial block deals executed earlier in the day. Conversely, Meesho Ltd. saw its share price dip slightly following its own block transaction.
Welspun Living Sees Significant Trading
Welspun Living, formerly known as Welspun India Ltd., witnessed a major block deal where 2,44,71,102 shares changed hands at ₹214.90 apiece. This transaction amounted to ₹525.88 crore on the National Stock Exchange (NSE). The deal price represented a 2.98% discount compared to its closing price of ₹221.51 on the previous day. Despite the discount in the block deal, the stock surged 5.18% during trading, reaching a high of ₹233 on the NSE.
Texmaco Infrastructure Rallies Post-Deal
Texmaco Infrastructure & Holdings also saw a significant block deal involving 1,28,10,900 shares. These shares were traded at ₹115.02 per share, matching Tuesday's closing price, with the total transaction value reaching ₹147.35 crore. Following this activity, Texmaco Infrastructure's shares jumped 6.21%, hitting a high of ₹122.17 apiece.
Meesho Experiences Marginal Dip
In contrast to the gains seen by Welspun Living and Texmaco Infrastructure, e-commerce platform Meesho Ltd. experienced a slight downturn. A block deal involving 3.86% of its shares, accounting for 0.8% of the total outstanding shares, led to a 1.06% fall in its stock price, settling at ₹237.62 apiece.
These block deals indicate significant institutional or large investor activity, often influencing short-term stock movements as the market digests the influx or outflow of shares.