Medi Assist Healthcare Services shares rally 7% after Rs 578 crore block deal
ADVERTISEMENT According to a Moneycontrol report, around 1.10 crore shares, translating to 15.67% of the company's equity, changed hands in the block deal window at Rs 523 apiece. The total transaction value was pegged at Rs 578 crore.
Previous media reports had indicated that Bessemer India, a promoter group entity, might look to exit its entire stake in the company.
As per shareholding data for the June 2025 quarter cited by Moneycontrol, Bessemer India held 15.67% in Medi Assist. The identity of the seller in Tuesday's deal, however, was not immediately confirmed.
As of the June quarter, Medi Assist's ownership structure reflected promoter holdings of 20.6%, foreign institutional investors (FIIs) with 13.9%, domestic institutional investors (DIIs) controlling the largest share at 42.3%, and the public holding the remaining 23.3%.
Medi Assist Healthcare Services share price history
ADVERTISEMENT Over the past year, shares of Medi Assist Healthcare Services have gained 5.28%, while on a year-to-date (YTD) basis, it has declined by 7.22%. In the last six months, it is up 18.05%, and over the past three months, it has surged 23.25%. However, in the last month, the stock has slipped slightly by 0.22%. Unlock 500+ Stock Recos on App
Also read: Praj Industries shares sink 9% to 52-week low as Q1 profit plummets 94% YoY
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