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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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    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.

    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.

    Other major funds that hold the stock are Zinnia Global Fund Pcc - Cell Dewcap Fund, Minerva Ventures Fund, Nova Global Opportunities Fund Pcc - Touchstone and Nav Capital Vcc - Nav Capital Emerging Star Fund. Zinnia and Minerva held 2.93 percent and 2.13 percent stake as of March 2024.

    Nova and Nav Capital held 1.08 percent stake each in the company.

    Vinsys IT Services India stock surged 18.82 percent to Rs 362.40 on the NSE.

    Moneycontrol News
    first published: Apr 22, 2024 07:59 pm

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