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Capital Team's arm sells 5% risk in IT firm Mastek for Rs 475 crore Firm News

.2 minutes reviewed Final Upgraded: Sep 04 2024|11:51 PM IST.Financial services firm Funds Group on Wednesday offered a 5.6 percent stake in Mastek for over Rs 475 crore with open market deals while ICICI Prudential Stock fund picked up a risk in the IT services firm.Los Angeles-headquartered Resources Team through its associate EuroPacific Growth Fund unloaded 17,19,117 portions, amounting to a 5.6 percent concern in Mastek Ltd, as per the majority bargain data available on the BSE.The portions were taken care of at an ordinary cost of Rs 2,766.36 each, taking the deal value to Rs 475.57 crore.Patronus Tradetech additionally sold 217 reveals of Mastek at Rs 2,845.23 per piece.ICICI Prudential Mutual Fund, Ghisallo Professional Fund LP as well as Patronus Tradetech LLP got an overall of 12.34 lakh portions of Mastek in the price variety differing coming from Rs 2,751-2,767.51 each, taking the mixed deal value to Rs 340.40 crore.Particulars of the purchasers of Mastek's shares could possibly not be actually identified.Allotments of Mastek decreased 4.67 per cent to finish at Rs 2,769.70 each on the BSE.Recently, Mastek declared a critical collaboration with Onyx Health and wellness, an innovator in health care interoperability remedies.The collaboration targets to quicken the adoption of FHIR (Swift Health Care Interoperability Funds) criteria, driving enriched information interoperability as well as better health and wellness results for clients, the company pointed out.( Only the title as well as picture of this document may have been actually reworked by the Company Standard workers the rest of the information is auto-generated from a syndicated feed.) Very First Posted: Sep 04 2024|11:51 PM IST.

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