HDFC Mutual Fund on Monday bought 10 lakh shares of Global Health, which runs a healthcare chain under the Medanta brand, from its co-founder Sunil Sachdeva for more than Rs 122 crore through open market transactions.
According to the block deal data available on the National Stock Exchange (NSE), HDFC Mutual Fund purchased 10 lakh shares, representing a 0.37 per cent stake in Global Health.
The shares were picked up at an average price of ₹1,225 apiece, taking the transaction value to ₹122.50 crore.
Meanwhile, Sunil Sachdeva, co-founder of Medanta Hospitals, offloaded the shares at the same price.
After the latest transaction, Sachdeva’s holding in Global Health fell to 10.42 per cent from 10.79 per cent.
Shares of Global Health rose nearly 1 per cent to close at Rs 1,249 apiece on NSE.
Earlier this month, Global Health Ltd reported a 39.7 per cent increase in profit after tax to Rs 141.7 crore for the fourth quarter ended March 31, 2026.
It had posted a profit after tax (PAT) of Rs 101.4 crore in the corresponding period of the previous fiscal, the company said.
Its revenue from operations in the fourth quarter stood at Rs 1,159 crore against Rs 931.3 crore in the year-ago period, it added.