Mutual funds and FIIs bought stake in Medi Assist Healthcare

Medi Assist Healthcare Services Limited shares hits new 52-week high at ₹689.35, after Morgan Stanley, Goldman Sachs, HDFC Mutual Fund, ICICIMF and others, bought stakes in the company via a bulk/block deal worth a total of ₹611 crores. Meanwhile, promoter Bessemer India Capital Holdings II Limited and foreign investor Novo Holdings were on the selling side.