Fidelity increased its stake in Medplus Health Services from 1.59% to 1.68% by buying 1,11,767 shares. The value of the shares was ₹7.55 Cr, at ₹676.60 apiece.
India's second largest pharmacy retailer, Medplus Health operates an extensive network of stores across multiple states and union territories, serving customers in metro, tier-one, and tier-two cities nationwide. The company's core business centers on retail pharmacy operations, providing medicines, healthcare products, and related services through its strategically distributed store network. Medplus distinguishes itself through its wide geographic reach and commitment to accessible healthcare retail.
Boston-based global active asset manager with India exposure through emerging market and India-focused funds.
