Mumbai, September 24, 2025 — Coffee Day Enterprises witnessed a burst of early-morning activity after about 57 lakh shares—roughly 2.7% of the company’s equity—changed hands in a series of block deals at ₹44.45 per share. At that price, the negotiated transfers are valued at ~₹25.34 crore, putting the counter firmly on traders’ radars and driving volumes sharply above a typical session.
What happened
The trades were executed in the exchange’s block window, a mechanism designed for large, negotiated transfers between institutional or sizeable counterparties without unduly disturbing on-screen prices. Multiple prints around the ₹44.45 level suggest a pre-arranged handover, commonly used for portfolio rebalancing, stake resizing, or secondary placements by existing investors. Names of the buyer(s) and seller(s) usually become visible later through the day in bulk/block deal disclosures and, in due course, through shareholding pattern updates.
Market reaction
Post the block prints, the stock oscillated around the deal price, with quick, momentum-driven flips as day traders referenced ₹44–₹45 as a near-term pivot. That tight band became a tactical guide: firmness above the block level drew follow-through bids, while dips below it attracted profit-taking and attempts to fade the move. The 52-week range for the scrip sits around the low-20s to low-50s, keeping today’s action comfortably within recent bounds even as volumes spiked.
| Item | Detail |
|---|---|
| Shares traded (block) | ~57,00,000 |
| % of equity | ≈2.7% |
| Deal price | ₹44.45 |
| Deal value (calc.) | ~₹25.34 crore |
| Near-term reference band | ₹44–₹45 (deal zone) |
| 52-week range | ~₹21 – ₹51 |
Deal value calculation: 57,00,000 × ₹44.45 ≈ ₹25.34 crore.
Why this matters
Large block transactions re-set short-term sentiment. When a big chunk of shares crosses near the prevailing price, it can act as an anchor for intraday positioning. A premium block often signals confidence and can lift screens; a discount can weigh on the tape. Just as importantly, ownership rotation of ~2.7% is meaningful for a mid-cap counter, potentially altering the stock’s float dynamics, supply–demand balance, and liquidity profile over the next few sessions.
What to track next
- Follow-on prints: Additional blocks or elevated bulk activity can hint at further stake movement.
- Counterparty clarity: Exchange disclosures may reveal if a financial holder trimmed or if a long-term buyer absorbed supply.
- Price behavior vs block level: Sustained trade above ₹44.45 would imply clean absorption; persistent slips below it could embolden short-term sellers.
- Broader market tone: A weak tape or currency volatility can amplify moves in mid/small caps.
Outlook
Until counterparty details emerge, traders are likely to treat the block price as the fulcrum for near-term action. If demand holds firm above ₹44.45, the stock could stabilize and attempt a push toward recent swing levels; repeated failures to hold the zone would keep the bias choppy to cautious. Beyond today’s churn, the medium-term path will depend more on operational updates, balance-sheet progress, and cash-flow visibility than on a single day’s negotiated prints—but this ~57 lakh-share rotation is a notable shift in the shareholder deck that the market won’t ignore.
