Global investors TPG and Temasek sold nearly thirteen percent of Dr Agarwals Health Care. They collectively offloaded over four crore equity shares for two thousand eight crore rupees. Several mutual funds and investment firms purchased a significant stake in the eye care chain. This stake sale occurred after the company reported strong quarterly financial results. Dr Agarwals Health Care shares saw a decline following the large block deal.
ETMarkets Smart Talk | Maturing AI trade could redirect global capital towards diversified growth markets like India: Ritesh Taksali
Taksali points out that FPIs invested around ₹20,000 crore in Indian equities in July, followed by another ₹12,921 crore in the first week of August.