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Capital Team's arm sells 5% risk in IT solid Mastek for Rs 475 crore Firm Headlines

.2 min went through Last Upgraded: Sep 04 2024|11:51 PM IST.Financial services business Funds Group on Wednesday marketed a 5.6 per-cent risk in Mastek for over Rs 475 crore with competitive market deals while ICICI Prudential Mutual Fund got a concern in the IT solutions company.Los Angeles-headquartered Funds Group via its affiliate EuroPacific Growth Fund unloaded 17,19,117 reveals, totaling up to a 5.6 percent stake in Mastek Ltd, according to the bulk deal records offered on the BSE.The portions were actually thrown away at an ordinary price of Rs 2,766.36 each, taking the deal worth to Rs 475.57 crore.Patronus Tradetech additionally offered 217 shares of Mastek at Rs 2,845.23 each piece.ICICI Prudential Stock Fund, Ghisallo Expert Fund LP and Patronus Tradetech LLP obtained a total amount of 12.34 lakh reveals of Mastek in the rate variety differing coming from Rs 2,751-2,767.51 each, taking the combined deal market value to Rs 340.40 crore.Particulars of the purchasers of Mastek's shares could possibly certainly not be pinpointed.Portions of Mastek decreased 4.67 per-cent to end at Rs 2,769.70 each on the BSE.Recently, Mastek introduced a key partnership with Onyx Wellness, a trailblazer in healthcare interoperability answers.The partnership strives to quicken the adoption of FHIR (Fast Health Care Interoperability Funds) standards, steering boosted data interoperability as well as much better health and wellness end results for clients, the business pointed out.( Just the title and image of this report may have been reworked by the Business Standard team the rest of the information is actually auto-generated coming from a syndicated feed.) Very First Posted: Sep 04 2024|11:51 PM IST.

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