BlackRock Arms Buys ₹359 Crore Worth of Shares in ACC Cement and 2 More Companies

Written by: Sachin GuptaUpdated on: 25 Nov 2025, 5:57 pm IST

iShares Core MSCI Emerging Markets ETF acquired equity stakes in ACC, Acutaas Chemicals, and TD Power Systems.

On Monday, November 24, 2025, Global asset management giant BlackRock, through its affiliate iShares Core MSCI Emerging Markets ETF acquired equity stakes in ACC, Acutaas Chemicals, and TD Power Systems for a combined value of ₹359 crore via open market transactions.

Details of the Acquisitions

According to NSE bulk deal data, iShares purchased:

ACC: 9.82 lakh shares at an average price of ₹1,911.86 per share
TD Power Systems:9.68 lakh shares at ₹759.08 per share
Acutaas Chemicals: 5.3 lakh shares at ₹1,852.12 per share

iShares, a leading global Exchange Traded Funds (ETF) provider with over 1,600 funds, is part of BlackRock’s asset management portfolio.

Market Reaction to Purchases

The stock market responded positively to these purchases on Monday:

Acutaas Chemicals: Rose 10.18% to close at ₹1,875 per share
ACC: Advanced 5.46% to ₹1,930 per share
TD Power Systems: Gained 6.25% to settle at ₹770.10 per share

iShares Sells Shares in Rain Industries and Orient Electric

In separate bulk deals on Monday, iShares also sold:

Rain Industries: 17.83 lakh shares
Orient Electric: 12.63 lakh shares

The total value of these transactions was ₹39.7 crore, with shares sold in the range of ₹106.13–₹164.45 per share.

Also Read: Adani Enterprises Rights Issue Opens Today: November 17 Marked as Record Date

Market Impact of the Sale

Following the sales, both companies’ shares faced declines on the NSE:

Orient Electric: Dropped 12.95% to ₹158.50 per share
Rain Industries: Fell 3.82% to ₹108 per share

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Nov 25, 2025, 12:25 PM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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