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Ankush

16th Jul · SEBI-Registered Analyst

HDFCAMC

HDFC Asset Management Company (AMC) bought shares worth Rs 139 crore in Jupiter Life Line Hospitals while reducing its exposure to TCI Express by selling a 1.3 percent stake through open market transactions on July 15. According to bulk deal data, HDFC Mutual Fund acquired 9.37 lakh shares, equivalent to a 1.42 percent stake, in the multi-specialty hospital chain Jupiter Life Line Hospitals for Rs 139 crore at an average price of Rs 1,483.5 per share. The shares were sold by two non-institutional investors. Mitul Nitin Thakker sold 6 lakh shares worth Rs 89.01 crore, while Arvind Rao Kamini offloaded 3.37 lakh shares valued at Rs 49.99 crore. As of the March 2026 shareholding pattern, Thakker held a 1.22 percent stake (7.99 lakh shares) in the company, while Kamini owned 1.63 percent (10.66 lakh shares). In a separate bulk deal, Nippon India Mutual Fund purchased 5 lakh shares, representing a 1.3 percent stake, in logistics firm TCI Express from HDFC Mutual Fund for Rs 28.1 crore. The transaction was executed at Rs 562 per share. According to the March 2026 shareholding data, HDFC AMC, through its Large and Mid Cap Fund, held a 4.04 percent stake in TCI Express, while Nippon Life India Trustee, via the Nippon India Multi Cap Fund, owned 3.02 percent. Shares of Jupiter Life Line Hospitals ended 1.1 percent higher at Rs 1,499.8 on the NSE, marking their third consecutive session of gains amid strong trading volumes. The stock has remained above all key moving averages since June 2026, reflecting sustained bullish momentum.

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