Bengaluru, June 26 -- The shares of this leading insurance company are in focus after a 2.72 percent equity stake exchange via a block deal. In this article, we will discuss more about this in detail.

With a market capitalisation of Rs 24,941 crores, the shares of Star Health & Allied Insurance Company Ltd are currently trading at Rs 424 per share, down by 32.54 percent from its 52-week high of Rs 647.65 per share. In the last one year, the stock has delivered a negative return of 19 percent.

On Wednesday, India's largest fund house in terms of assets, has bought 1.6 crore shares, or a 2.72 percent equity stake, in the company via a block trade. Based on the number of shares, the transaction size is estimated at around Rs 672 crore, exe...