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Medi Assist Jumps 11%, Goldman Bags 2.2%, Canara Takes 2.9% Stake

24 Jan 2024 , 10:39 AM

Bulk trades were active in Medi Assist Health Services' stock, which experienced an 11% premium over issue price when the firm became public. The share price of Medi Assist closed at Rs 464.1.

The two most active purchasers of the company were Canara Robeco Mutual Fund and Goldman Sachs India Equity Portfolio Fund, with 2.91% and 2.23% of the shares, respectively.

Goldman Sachs India Equity Portfolio Fund purchased 15.34 lakh shares of the company at a price of Rs 468.65 a share, while Canara purchased 20.01 lakh shares at an average price of Rs 489.02.

The other buyers of the company included BNP Paribas Arbitrage, Whiteoak Capital Mutual Fund, and Nomura India Investment Mother Fund.

At Rs 460 a share, Rajasthan Global Securities sold 3.94 lakh shares of Medi Assist Health Services.

In addition to Medi Assist Health Services, the market paid close attention to Grasim Industries' rights entitlement (RE) shares due to large transactions.

Vanguard Moderate Growth Fund sold 5.09 lakh shares for Rs 315.44 per share, while Pilani Investment and Industries Corporation purchased 6.03 lakh shares at an average price of Rs 318.12.

After purchasing 1.36 lakh shares at a cost of Rs 316.6 each, Societe Generale sold 303 shares for Rs 317.06. In the company's RE, the other seller was Bofa Securities Europe Sa.

For feedback and suggestions, write to us at editorial@iifl.com

Medi Assist launches chatbot on WhatsApp to deliver better health insurance  experience to 4.4 crore beneficiaries – ThePrint – ANIPressReleases

Related Tags

  • Canera Robeco
  • Goldman Sachs India Equity
  • Medi Assist
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