LATENTVIEW

big deal signed!

🇫🇷 France-based banking giant Société Générale has picked up a 0.5%+ stake in Latent View Analytics via open market deals on April 2. 🔹 The bank purchased 10.74 lakh shares worth ₹31.2 crore at an average price of ₹290.69 per share. 🚀 Following this development, Latent View shares surged nearly 20% to ₹312, breaking a 7-day losing streak with strong volumes. 💡 Sentiment was further boosted after the company announced a $3 million investment in Healtheon AI, an agentic AI startup focused on healthcare revenue cycle management. ⸻ 📉 On the flip side, AVG Logistics saw heavy selling pressure. 🔻 The stock plunged 14.66% to ₹126.95, marking its lowest closing level since January 2023. 💼 This decline came after India Emerging Giants Fund (backed by Blue Lotus Capital) offloaded 1.63 lakh shares (1.08% stake) worth ₹2.1 crore at ₹129.24 per share. ⸻ ⚠️ Takeaway: • Institutional buying is driving momentum in select midcap tech plays like Latent View. • Meanwhile, stake sales continue to pressure stocks like AVG Logistics.