Smart Money Alert
Indoco Remedies Limited
IncreasedSAST
INDOCOHealthcareMarket Cap₹2K Cr
Deal value
₹34.00 L
Shares
14,534
Trade date
9 Sept 2026
Since alert−13.7%₹254.25 → ₹219.50
Nifty 50−3.1%
SU
Suresh G Kare
Promoter
The move
Suresh G Kare bought 14,534 shares of Indoco Remedies Limited for ₹34 lakh at ₹231.18 apiece in the open market. This purchase increased the promoter group member's stake from 1.40% to 1.42%.
A Mumbai-based pharmaceutical company engaged in manufacturing and marketing finished dosage formulations and active pharmaceutical ingredients for domestic and international markets. Indoco Remedies operates across formulations, contract manufacturing, and research divisions, maintaining vertically integrated operations spanning drug development, manufacturing, and distribution. The company serves healthcare providers and patients through its diverse pharmaceutical portfolio and specialized manufacturing capabilities.
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Nippon India Mutual FundDecreased
Nippon India Mutual Fund lowered its stake in Indoco Remedies from 4.80% to 4.63%, reducing its holding from 44.29 lakh to 42.74 lakh shares. This decrease occurred in the context of a rights issue.
18 Oct 2026
Read more ICICI Prudential Mutual FundDecreased
ICICI Prudential Mutual Fund decreased its stake in Indoco Remedies from 1.80% to 1.25%, reducing its holding from 16,62,047 shares to 11,56,555 shares, following a rights issue.
18 Oct 2026
Read more Aditi M. PanandikarIncreased
Promoter Aditi M. Panandikar bought 4,970 shares of Indoco Remedies in the open market, increasing her stake from 3.16% to 3.17%.
9 Sept 2026
Read more Aruna Suresh KareNew position
Promoter group member Aruna Suresh Kare bought 14,526 shares of Indoco Remedies Limited on the open market, raising her stake from 0% to 0.02%.
Aruna Suresh Kare - 14,526 shares
9 Sept 2026
Read more Madhura Suresh KareIncreased
Madhura Suresh Kare raised her stake in Indoco Remedies from 2.69% to 2.70%, purchasing 4,900 shares on the open market.
9 Sept 2026
Read more