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MUMBAI: HDFC Ltd bought 90 lakh equity shares of Indraprastha Medical Corporation, in a block deal on the BSE on June 2. This amounts to 9.8 per cent stake of the company.

HDFC officials said the acquisition is a part of its portfolio investment. The shares were bought at a price of Rs 42.90 a share.

As per the BSE Web site, on Monday, TWL Holdings sold 91.51 lakh shares of Indraprastha Medical Corporation at Rs 42.92.

(This article was published in the Business Line print edition dated June 7, 2005)
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