Moneycontrol PRO
HomeNewsBusinessMarketsBulk deals: East Bridge Capital Master Fund I buys 0.94% stake in Star Health

Bulk deals: East Bridge Capital Master Fund I buys 0.94% stake in Star Health

East Bridge Capital Master Fund I Limited bought around 55 lakh shares of the company for an average price of Rs 535 per share

May 23, 2024 / 20:02 IST
representative image
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    East Bridge Capital Master Fund I Limited bought a 0.94 percent stake in Star Health and Allied Insurance Company via a bulk deal on May 23. East Bridge Capital Master Fund I Limited bought around 55 lakh shares of the company for an average price of Rs 535 per share.

    ICICI Prudential Life Insurance Company bought 2 percent stake or around 1.1 crore shares in Star Health and Allied Insurance Company for an average price of Rs 535 per share. As of March 30, ICICI Prudential Life Insurance Company had a 2.49 percent stake in the company.

    HDFC Mutual Fund bought a 0.96 percent stake in Star Health for an average price of Rs 535 per share, picking around 56 lakh shares.

    Plutus Wealth Management also bought around 30 lakh shares or a 0.51 percent stake in the insurer for an average price of Rs 534 per share.

    MIO IV Star, ROC Star Investment Trust, and MIO Star sold 1.4 crore, 59 lakh, and 61 lakh respectively in Star Health. MIO IV Star had a 2.39 percent stake, MIO Star had a 2.21 percent stake, and ROC Star Investment Trust had a 1.01 percent stake in the company as of March 30.

    Star Health and Allied Insurance Company shares were up 1.31 percent at Rs 547 per on the National Stock Exchange.

    Meanwhile, New World Fund INC bought a 0.52 percent stake, or around 3 lakh shares in Coforge Limited for an average price of Rs 5073.66 per share. New World Fund INC had a 1.3 percent stake in Coforge Limited as of March 30.

    Coforge India shares were up 3.55 percent at Rs 5,084.45 on the National Stock Exchange.

    Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.​​​

    Moneycontrol News
    first published: May 23, 2024 08:02 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347