$ICICIAMC Bets on Go Digit, Signals Confidence Through ₹139 Crore Investment

$ICICIAMC has acquired a 0.61% stake in Go Digit General Insurance by purchasing 57.21 lakh shares worth ₹139 crore through a bulk deal at ₹243 per share, with Peak XV Partners Growth Investments III selling the stake. The investment reflects continued institutional interest in Go Digit despite recent stock volatility, while the insurer's shares rebounded after five consecutive sessions of decline, indicating renewed investor confidence following the transaction.