Indraprastha Medical Corp rises to 52-week high after Quant Small Cap Fund buys stake

Indraprastha Medical Corp Share Price: Indraprastha Medical Corp hit a 52-week high of Rs 280.50 on BSE on Tuesday (April 23, 2024) after Quant Small Cap Mutual Fund brought 5.50 lakh shares of the company.

That stock that opened at Rs 258.25 jumped to a 52-week high of Rs 280.50, a 14.35 per cent rise from previous close of Rs 245.30.

The stock of the medical company ended trading on Tuesday up by 12.64 per cent, or Rs 31.00, at Rs 276.30.

In a bulk deal on Monday, Quant Small Cap Fund picked up 5.5 lakh shares, or a 0.59 per cent stake in the company, at an average price of Rs 249.59.

Indraprastha Medical Corp is a joint venture between Apollo Hospitals and the Delhi Government. Apollo Hospitals has 22.02 per cent stake in the company.