Nippon India Mutual Fund increased its stake in HealthCare Global Enterprises Limited from 5.60% to 5.88% by increasing its shareholding from 8,364,705 to 8,780,023 shares.
A healthcare provider engaged in setting up and managing hospitals across India, HealthCare Global Enterprises operates medical diagnostic services and scientific testing facilities. The company delivers consultancy services in the pharmaceutical and medical sector, providing comprehensive healthcare solutions through its network of facilities and specialized diagnostic capabilities. Its integrated approach combines inpatient care, diagnostic services, and sector expertise.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.
