New Delhi, Dec. 23 -- Belrise Industries share price jumped 13.6% in early trade on Tuesday, December 23, to hit a fresh record high of Rs.179.90 apiece after 5.83 crore shares, or 6.55% of the company's total equity, changed hands in the block deal window today.

The shares were traded at an average price of Rs.153.7 per share, taking the total transaction value to Rs.897 crore. The buyers and sellers, however, were not known immediately.

Sources told CNBC-TV18 that the seller was Sumedh Tools Private Limited, which is part of the promoter group. As per data available on the Bombay Stock Exchange, Sumedh Tools held a 6.56% stake in the company as of the September quarter.

Promoters hold a majority stake of 73% in the recently listed co...