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Capital Team's arm markets 5% stake in IT solid Mastek for Rs 475 crore Business News

.2 minutes reviewed Last Updated: Sep 04 2024|11:51 PM IST.Financial services firm Financing Group on Wednesday marketed a 5.6 per cent stake in Mastek for over Rs 475 crore with open market purchases while ICICI Prudential Mutual Fund grabbed a risk in the IT services provider.Los Angeles-headquartered Funding Group via its partner EuroPacific Growth Fund unloaded 17,19,117 portions, totaling up to a 5.6 per-cent concern in Mastek Ltd, as per the majority deal information on call on the BSE.The portions were actually dealt with at a typical price of Rs 2,766.36 apiece, taking the deal value to Rs 475.57 crore.Patronus Tradetech additionally offered 217 allotments of Mastek at Rs 2,845.23 per piece.ICICI Prudential Stock Fund, Ghisallo Expert Fund LP and Patronus Tradetech LLP obtained a total of 12.34 lakh portions of Mastek in the cost range varying coming from Rs 2,751-2,767.51 each, taking the bundled deal market value to Rs 340.40 crore.Information of the customers of Mastek's allotments could certainly not be pinpointed.Shares of Mastek dropped 4.67 per-cent to finish at Rs 2,769.70 each on the BSE.Recently, Mastek introduced a strategic alliance with Onyx Health and wellness, a pioneer in health care interoperability answers.The cooperation intends to speed up the adoption of FHIR (Fast Medical Care Interoperability Assets) criteria, driving enhanced data interoperability and better wellness results for patients, the business said.( Simply the headline and picture of this document might have been revamped due to the Organization Criterion staff the rest of the web content is actually auto-generated from a syndicated feed.) 1st Posted: Sep 04 2024|11:51 PM IST.

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