Sudarshan Chemicals’ promoters, Pradeep and Subhadra Rathi, sold a 3% stake (28.35 lakh shares) for Rs 197 crore. Buyers included Boon Investment, Jovial Investment, and Blue Diamond Properties. This follows the company’s agreement to acquire Germany’s Heubach Group. Sudarshan Chemical’s shares closed at Rs 986.45 on Wednesday.
Hospital stocks gain on safe-haven buying
In past one month, most hospital stocks such as Max Healthcare, Apollo Hospitals, Fortis Healthcare, Healthcare Global and Rainbow Children’s Medicare, among other, have surged