India, June 4 -- The shares of a prominent healthcare company fell up to 5 percent in today's trading session after a foreign institutional investor is likely to offload a 10.2 percent stake via a Block deal.

With a market capitalization of Rs 14,206.03 crore, the shares of Indegene Ltd were trading at Rs 591.75 per share, decreasing around 4.39 percent as compared to the previous closing price of Rs 618.90 apiece.

Block Deal The shares of Indegene Ltd have seen bearish movement after CA Dawn Investments, a foreign institutional investor, is likely to offload a 10.2 percent stake (2.44 crore equity shares) via a Block deal, at a floor price of Rs 580 per share, which was valued at approximately Rs 1,420 crore. According to the March 202...