Shares of Indegene Ltd will be in focus today as Carlyle Group, through its entity CA Dawn Investments, is set to execute a large block deal in the stock.
The deal is structured as a clean-out trade, with Carlyle looking to sell its entire 10.2 percent stake in the company.
The floor price for the block deal is set at Rs 580 per share, which is at a 6.4 percent discount to the last closing price.
The total deal size is estimated at around Rs 1,420 crore.
Investors will closely track market action on the stock today as this large block deal hits the market.
Disclaimer: This article is for informational purposes only and does not constitute investment advice.
