New Delhi, June 5 -- Indegene shares recovered Wednesday's losses by surging as much as 3 per cent in Thursday's session after the stakes of the company exchange hands in open market transactions.

At 10:10 am, the scrip climbed to day's high to Rs.608.80 apiece on June 5.

US-based private equity firm Carlyle Group recently sold its entire 10.2 per cent holding in the company, leading to a 4 per cent drop in the stock on Wednesday.

According to NSE data, Carlyle Group, CA Dawn Investments, offloaded the shares through a block deal, with IIFL Capital Services Ltd. and Kotak Securities Ltd. acting as bookrunners. The shares were sold in the price range of Rs.591.02 to Rs.591.84 each.

However, Premji Invest's affiliate PI Opportunities AI...