New Delhi, Aug. 10 -- Nippon India Equity Opportunities AIF bought 15 lakh shares of Iris Clothings at an average price of Rs.55 apiece, according to bulk deal data available on the NSE. Bulk deals involving institutional investors can often draw market attention as investors track changes in shareholding and potential shifts in institutional interest in a stock.

The transaction comes amid investor focus on institutional activity in small-cap and mid-cap stocks, with such deals often drawing attention to potential changes in institutional ownership and market sentiment toward the company.

According to Trendlyne's shareholding data, promoters held a majority 61.2% stake in the company at the end of the June quarter, while the remaining 3...