Morgan Stanley, Goldman Sachs, and Others Make Significant Moves in 4 Indian Stocks

Published: January 30, 2026 | Category: Real Estate
Morgan Stanley, Goldman Sachs, and Others Make Significant Moves in 4 Indian Stocks

A bulk deal refers to a large transaction in a company’s shares executed on the stock exchange, typically involving institutional investors. Such deals cross a prescribed volume threshold and are disclosed publicly, offering insights into investor sentiment, ownership changes, and market confidence in a particular stock.

Sunteck Realty is a Mumbai-based real estate developer focused on premium residential and commercial projects. Known for its strong presence in the Mumbai Metropolitan Region, the company emphasises luxury developments, strategic land acquisitions, and timely execution, positioning itself as a branded player in India’s competitive property market. With a market capitalisation of Rs 5,903 crore, the shares were trading at Rs 403 per share, increasing around 3.64 percent as compared to the previous closing price.

Morgan Stanley Asia and Goldman Sachs Bank Europe picked up a combined 4.88% stake in Sunteck Realty, purchasing over 71.6 lakh shares for around Rs 268.6 crore at Rs 375.1 per share. The stake was acquired from CLSA Global Markets, which reduced its holding significantly, indicating a strategic ownership shift among global institutional investors.

Manappuram Finance is a leading non-banking financial company (NBFC) in India, primarily known for its gold loan business. Over the years, it has diversified into microfinance, vehicle finance, and housing finance, building a broad lending portfolio and a strong distribution network across semi-urban and rural markets. With a market capitalisation of Rs 24,301 crore, the shares were trading at Rs 287 per share, decreasing around 3.27 percent as compared to the previous closing price.

Morgan Stanley Asia (Singapore) acquired 65.27 lakh shares, or a 0.77% stake, in Manappuram Finance from Goldman Sachs Bank Europe SE for Rs 190.37 crore at Rs 291.65 per share. Following the transaction, Goldman Sachs trimmed its holding, which stood at 1.53% as of December 2025, signaling a partial stake reshuffle between global institutional investors.

Balu Forge Industries is an engineering and manufacturing company engaged in producing forged and machined components. The company caters to the automotive and industrial sectors, focusing on precision engineering, export markets, and expanding its product portfolio to strengthen its global customer base. With a market capitalisation of Rs 4,772.84 crore, the shares were trading at Rs 418.70 per share, increasing around 6.94 percent as compared to the previous closing price.

Sixteenth Street Asian Gems Fund offloaded 9.27 lakh shares, representing a 0.81% stake in Balu Forge, at Rs 358.77 per share, valuing the deal at Rs 33.26 crore. The Singapore-based hedge fund had held a 2.46% stake as of December 2025, indicating a partial reduction in its investment.

Jinkushal Industries operates in the manufacturing and trading segment, focusing on industrial products and materials. The company aims to build scale through operational efficiency and market expansion, gradually strengthening its footprint in domestic markets while exploring new growth opportunities. With a market capitalisation of Rs 297 crore, the shares were trading at Rs 77.4 per share, increasing around 8 percent as compared to the previous closing price.

Jinal Kalpesh Dhakad acquired 2.76 lakh shares of Jinkushal Industries for Rs 1.83 crore at Rs 66.34 per share, while Nikhil Mithalal Dhakad purchased 3.54 lakh shares worth Rs 2.39 crore at Rs 67.54 per share. Together, the transactions represent a combined 1.64% stake in the company.

These bulk deals highlight the dynamic nature of institutional and promoter-level confidence across various sectors in the Indian stock market, reflecting strategic shifts and investment trends among global and domestic investors.

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Frequently Asked Questions

1. What is
bulk deal in the stock market? A: A bulk deal is a large transaction in a company’s shares executed on the stock exchange, typically involving institutional investors. These deals exceed a prescribed volume threshold and are publicly disclosed, providing insights into investor sentiment and ownership changes.
2. Which companies were involved in recent bulk deals?
Recent bulk deals involved Sunteck Realty, Manappuram Finance, Balu Forge Industries, and Jinkushal Industries. These transactions saw significant stake purchases and sales by global financial institutions like Morgan Stanley and Goldman Sachs.
3. What was the significance of Morgan Stanley and Goldman Sachs' stake purchases in Sunteck Realty?
Morgan Stanley Asia and Goldman Sachs Bank Europe acquired a combined 4.88% stake in Sunteck Realty, purchasing over 71.6 lakh shares for around Rs 268.6 crore. This indicates a strategic ownership shift among global institutional investors in the real estate sector.
4. How did the share prices of these companies change after the bulk deals?
After the bulk deals, Sunteck Realty's share price increased by 3.64%, Manappuram Finance's share price decreased by 3.27%, Balu Forge Industries' share price increased by 6.94%, and Jinkushal Industries' share price increased by 8%.
5. What does the reduction in stake by Sixteenth Street Asian Gems Fund in Balu Forge Industries suggest?
The reduction in stake by Sixteenth Street Asian Gems Fund in Balu Forge Industries suggests a partial divestment strategy, possibly to rebalance their portfolio or take profits from their investment in the company.