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Capital Team's upper arm sells 5% concern in IT strong Mastek for Rs 475 crore Company Headlines

.2 minutes read through Last Updated: Sep 04 2024|11:51 PM IST.Financial solutions firm Capital Group on Wednesday marketed a 5.6 per-cent risk in Mastek for over Rs 475 crore through free market deals while ICICI Prudential Stock fund picked up a risk in the IT services business.Los Angeles-headquartered Resources Group through its affiliate EuroPacific Growth Fund offloaded 17,19,117 reveals, amounting to a 5.6 per cent stake in Mastek Ltd, according to the mass deal records available on the BSE.The allotments were disposed of at an average cost of Rs 2,766.36 apiece, taking the deal market value to Rs 475.57 crore.Patronus Tradetech additionally sold 217 allotments of Mastek at Rs 2,845.23 each item.ICICI Prudential Mutual Fund, Ghisallo Master Fund LP and Patronus Tradetech LLP acquired a total amount of 12.34 lakh shares of Mastek in the price array varying coming from Rs 2,751-2,767.51 apiece, taking the bundled purchase worth to Rs 340.40 crore.Information of the buyers of Mastek's portions can certainly not be identified.Reveals of Mastek decreased 4.67 per cent to end at Rs 2,769.70 each on the BSE.Last week, Mastek introduced a strategic alliance along with Onyx Wellness, a pioneer in medical care interoperability answers.The cooperation strives to speed up the fostering of FHIR (Swift Health Care Interoperability Assets) specifications, driving improved records interoperability as well as much better health and wellness outcomes for people, the business claimed.( Only the headline as well as picture of this document might possess been actually remodelled by the Business Specification team the rest of the web content is auto-generated coming from a syndicated feed.) First Published: Sep 04 2024|11:51 PM IST.