Latest news with #MediAssistHealthcareServices
Time of India
7 days ago
- Business
- Time of India
Bessemer India Capital exits Medi Assist Healthcare
Mumbai: Promoter entity Bessemer India Capital Holdings II sold its entire 15.67% stake in Medi Assist Healthcare Services in a block deal worth ₹577.8 crore on NSE on Tuesday. About 21 funds bought the 11 million shares. These include ABSL Mutual Fund, Kotak Mahindra MF , Wasatch Emerging India Fund , ICICI Prudential MF, Edelweiss MF, HDFC Mutual Fund, and Public Sector Pension Investment Board. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo
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Business Standard
12-08-2025
- Business
- Business Standard
Citigroup, GS, others buy 15.67% stake in Medi Assist Health for ₹578 cr
Citigroup Global Markets Mauritius, Goldman Sachs, Morgan Stanley are among entities that collectively picked up a 15.67 per cent stake in Medi Assist Healthcare Services for Rs 578 crore through open market transactions on Tuesday. In addition, Kotak Mahindra Mutual Fund (MF), Aditya Birla Sun Life MF, ICICI Prudential MF, Aditya Birla Sun Life Insurance Company, Canadian Crown Corp PSP Investments, and US-based Wasatch Global Investors are the other entities that have cumulatively bought more than 1.1 crore shares or 15.67 per cent stake in Medi Assist Healthcare Services, as per block deal data on the NSE. The shares were purchased at an average price of Rs 522.70 apiece, taking the transaction value to Rs 577.84 crore. Meanwhile, Bessemer India Capital Holdings II Ltd, one of the promoters of Medi Assist Healthcare Services, exited by divesting its entire 15.67 per cent stake in the company. Shares of Bengaluru-based Medi Assist Healthcare Services rose 5.31 per cent to close at Rs 555.95 apiece on the NSE. In September 2024, Bessemer India Capital Holdings II pared a 13.5 per cent stake in Medi Assist Healthcare Services for Rs 580 crore.
Economic Times
12-08-2025
- Business
- Economic Times
Medi Assist Healthcare Services shares rally 7% after Rs 578 crore block deal
Medi Assist Healthcare Services shares saw a sharp move in early trade on Tuesday, following a significant block deal worth Rs 578 crore. The stock surged 7.14% to an intraday high of Rs 565.20 on the BSE after the transaction took place in the block window. 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 (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
12-08-2025
- Business
- Time of India
Medi Assist Healthcare Services shares rally 7% after Rs 578 crore block deal
Medi Assist Healthcare Services shares saw a sharp move in early trade on Tuesday, following a significant block deal worth Rs 578 crore. The stock surged 7.14% to an intraday high of Rs 565.20 on the BSE after the transaction took place in the block window. 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 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%. Also read: Praj Industries shares sink 9% to 52-week low as Q1 profit plummets 94% YoY ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) ETMarkets WhatsApp channel )
Business Standard
07-08-2025
- Business
- Business Standard
Medi Assist Healthcare Services consolidated net profit rises 19.02% in the June 2025 quarter
Sales rise 13.62% to Rs 190.56 crore Net profit of Medi Assist Healthcare Services rose 19.02% to Rs 22.40 crore in the quarter ended June 2025 as against Rs 18.82 crore during the previous quarter ended June 2024. Sales rose 13.62% to Rs 190.56 crore in the quarter ended June 2025 as against Rs 167.71 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 190.56167.71 14 OPM % 22.0521.01 - PBDT 44.6238.76 15 PBT 30.5125.05 22 NP 22.4018.82 19
