Kovai Medical Center & Hospital Limited
DSP Mutual Fund decreased its stake in Kovai Medical Center & Hospital Limited from 1.63% (178,582 shares) to 1.54% (168,005 shares). This reduction involved selling 10,577 shares at a share price of ₹5891.50, totaling ₹6.23 Cr.
A Coimbatore-based healthcare provider delivering advanced hospital services and medical treatment across multiple specialties and departments. The company operates modern hospital facilities with comprehensive inpatient and outpatient care serving patients across South India. Beyond clinical operations, it established a medical college in 2019 to provide professional healthcare education and training, integrating patient care delivery with medical workforce development and capacity building in the region.
Standalone AMC after DSP Group acquired full ownership from BlackRock in 2018. Manages over Rs 1.9 lakh crore. Known for equity funds with a clear process-first culture and minimal star manager dependency. CEO Kalpen Parekh is widely respected for transparent investor communication. DSP Small Cap Fund and DSP Midcap Fund are flagship offerings.