Shares of Global Health Ltd, which operates Medanta hospitals, remained largely steady in early trade on Monday, May 25, after a block deal involving 10 lakh shares was executed in the pre-open session.
According to exchange data, around 1,000,000 shares changed hands at Rs 1,225 per share in the block deal window. The total transaction value stood at approximately Rs 122.50 crore.
Following the transaction, Medanta shares were trading 0.29% higher at Rs 1,241.70 on the NSE. The stock touched an intraday high of Rs 1,266.50 and a low of Rs 1,238.20 during early trade.
The block deal price of Rs 1,225 per share was slightly below the previous closing price of Rs 1,238.10. At the current market price, the company’s market capitalization stood at approximately Rs 33,406 crore.
The stock currently trades within a 52-week range of Rs 956 to Rs 1,456.50. Average traded volume on the counter stood at around 240,470 shares.
Global Health, through its Medanta brand, remains one of India’s leading multi-specialty hospital chains and continues to be closely tracked by investors amid strong growth in the healthcare and hospital sector.
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