Metropolis Healthcare rises 5% after Bright Star Investments buys stake

On Monday, the stock of Metropolis Healthcare, a diagnostics company, settled nine per cent higher compared to the issue price on its stock market debut.

Shares of Metropolis Healthcare, which listed on Monday, climbed as much as 4.76 per cent in the opening deals on Tuesday after Bright Star Investments bought a total of 7,00,000 shares at Rs 948.39 apiece on Monday, NSE bulk deal data showed. In addition, Smaller Cap World Fund also bought a total of 6,86,545 shares at Rs 957.67 apiece.

At 09:51 am, the stock was trading at Rs 983 apiece on BSE, up Rs 23 or 2.44 per cent. In comparison, the S&P BSE Sensex was trading at 39,201, up 295 points or 0.76 per cent.

On Monday, the