GDN Buys Gaudium IVF Stake
GDN Ventures, a Rajasthan-based limited liability partnership, bought 10 lakh shares, or 1.37% of Gaudium IVF and Women Health, for Rs 8.58 crore. The shares were acquired at Rs 85.84 each, driving up the fertility care company's stock.
Gaudium IVF Shares Jump 12.56%
Gaudium IVF shares jumped 12.56% to Rs 89.17 on high trading volumes following the bulk deal. The company, which listed on February 27, has performed well, already gaining almost 13% from its initial offering price of Rs 79.
Other Bulk Deals on April 9
Other bulk deals on April 9 included Arihant Capital Markets acquiring 3.98 lakh shares (0.9% stake) in pharmaceutical firm Sai Parenterals for Rs 16.84 crore. Trendview Capital Fund sold shares in Striders Impex and Marushika Technology. Minerva Ventures Fund also bought a stake in Expo Engineering and Projects, while Niraalie Meynon sold her holdings.