Bengaluru, June 12 -- The shares of this paint giant surged by over 2.51 percent on Thursday after a huge block deal involving a transaction of over Rs 7,700 crore. In this article, we will dive deep into the details.

With a market capitalization of Rs 2,15,162 crores, the shares of Asian Paints Ltd are currently trading at Rs 2,243 per share, down by 33.91 percent from its 52-week high of Rs 3,394 per share. Over the past five years, the stock has delivered a return of 37 percent.

A significant block deal took place this morning where a total of 3.5 crore shares were traded, or about 3.6 percent equity, with the deal value estimated at Rs 7,700 crore.

The principal buyer and seller are unknown, but market speculation suggests Reliance...