New Delhi, June 12 -- Shares of small-cap company GNG Electronics climbed nearly 9% on Friday, June 12, after the recently listed refurbished electronics player witnessed a sizeable block deal worth around Rs.175 crore.

The transaction attracted participation from several domestic mutual funds as well as foreign institutional investors, highlighting growing interest in the company amid its strong market performance.

The stock rose as much as 8.8% to its day's high of Rs.455 on BSE.

Exchange data showed that promoter Vidhi S Khandelwal sold 44.87 lakh shares of GNG Electronics at a price of Rs.390 per share. The transaction was valued at approximately Rs.175 crore and was executed through a block deal on Thursday.

A number of well-know...