HomeNewsBusinessStocksBulk deals: Quant Small Cap Fund picks up stake in Indraprastha Medical

Bulk deals: Quant Small Cap Fund picks up stake in Indraprastha Medical

Indraprastha Medical Corporation is a joint venture between Apollo Hospitals and the Delhi Government

April 22, 2024 / 23:03 IST
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Bulk deals
Bofa Securities Europe SA acquired 0.56 percent stake in Vinsys IT Services India

In Indraprastha Medical Corporation, Quant Small Cap Fund picked up 5.5 lakh shares, or a 0.59 percent stake, at an average price of Rs 249.59.

The super speciality tertiary care hospital in New Delhi is a joint venture between Apollo Hospitals and the Delhi Government. Apollo Hospitals held 22.02 percent stake in the company til March 2024. President of India holds 26 percent stake as the Delhi government has not got their shareholding dematerialised.

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Shares of Indraprastha Medical Corporation rose 4.62 percent to Rs 243.4 on the NSE.

In Vinsys IT Services India, Bofa Securities Europe SA acquired 82,500 shares, which is a 0.56 percent stake in the company, at Rs 363.84 per share.