Kotak Mutual Fund decreased its stake in Vijaya Diagnostic Centre from 6.99% to 6.59%, selling 406,399 shares. The value of the sold shares was ₹60.27 crore, at a price of ₹1482.40 apiece.
A leading diagnostic healthcare provider in Southern India, Vijaya Diagnostics Centre operates a network of diagnostic centers and reference laboratories serving patients across multiple cities. The company delivers comprehensive services including nuclear medicine, radiology, laboratory testing, health check-ups, and medical consultations. Its widespread infrastructure and diverse service offerings position it as a prominent player in the diagnostic healthcare sector.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.