Kotak Small Cap Fund has acquired a 2.08% stake in Medplus Health Services Ltd, joining a wave of investments from various funds.
Franklin Templeton Mutual Fund"s Flexi Cap Fund purchased 8.29 lakh shares, while the India Smaller Companies Fund bought 7.77 lakh shares, both at Rs 700 per share. Invesco India Large & Mid Cap Fund and Invesco Trustee Pvt Ltd A/C Invesco India Contra Fund also made significant purchases, acquiring 11.3 lakh and 9.55 lakh shares, respectively, at the same price. Additionally, Kotak Small Cap Fund purchased 24.9 lakh shares.
In a contrasting move, PI Opportunities Fund - I sold 68.9 lakh shares, and SBI Mutual Fund divested 10 lakh shares, all at Rs 700 each. Meanwhile, Meru Investment Fund PCC- CELL 1 exited its stakes in Divyadhan Recycling Industries Ltd and Subam Papers Ltd, selling 1.04 lakh shares (0.73%) at Rs 77.46 and 1.30 lakh shares (0.56%) at Rs 128.43, respectively.