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HDFC Bank Sells Stake in Healthcare Firm
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HDFC Bank Sells Stake in Healthcare Firm

Hdfc Bank (HDB) has released an update.

HDFC Bank Limited has announced the sale of a 3.03% stake in Indraprastha Medical Corporation Limited, amounting to 27,81,897 shares, over the period of February 29 to April 4, 2024. The shares were sold via the secondary market on the National Stock Exchange of India Ltd., fetching an average sale price of Rs. 199.38 per share, resulting in a total cash consideration of Rs. 55.46 crore. This move adjusts HDFC Bank’s holding in the healthcare services provider to 2.45%.

For further insights into HDB stock, check out TipRanks’ Stock Analysis page.

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