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Zinka Logistics shares slide after 12% equity change hands in block trades

June 03, 2025 2 min read
author Anamika Mishra [Sub Editor]
Zinka Logistics Solutions Ltd, a key player in India's digital supply chain and transport services sector, witnessed a sharp decline of over 4% in intraday trading on Tuesday following massive block deals. Around 21.2 million shares roughly 12% of the company's equity changed hands in three block trades, according to Bloomberg. The stock hit an intraday low of ₹420, marking its steepest fall since May 28. It later recovered marginally to ₹436, still under pressure despite a 0.07% gain in the benchmark Nifty 50. With this, Zinka shares are now down over 10% from their recent high of ₹494 and have slipped 7.7% year-to-date contrasting with Nifty 50’s 4.5% rise. The company’s market capitalization currently stands at ₹7,959.13

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