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SMALLCAP World Fund offloads 2% stake of Metropolis Healthcare

Capital Market 

SMALLCAP World Fund sold 11,04,832 equity shares or 2.2424% stake of Metropolis Healthcare on 26 November 2021.

Post transaction, SMALLCAP World Fund decreased its shareholding to 28,91,114 equity shares or 5.65% stake from 39,95,946 equity shares or 7.89% stake held in Metropolis. The deal was executed through open market.

Metropolis Healthcare is a leading diagnostics company in India with a widespread presence across 19 states in India. The company's consolidated net profit fell 3.5% to Rs 58.40 crore on a 4.9% increase in net sales to Rs 302.62 crore in Q2 FY22 over Q2 FY21.

Shares of Metropolis Healthcare were trading 3.95% higher at Rs 3,255.55 on BSE.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, November 30 2021. 12:12 IST