HDFC Mutual Fund completed a significant block deal on Monday, purchasing 10 lakh shares of Global Health from co-founder Sunil Sachdeva for more than ₹122 crore through open market transactions. According to block deal data from the National Stock Exchange (NSE), the transaction represents a 0.37 per cent stake in the healthcare chain operator. The shares were acquired at an average price of ₹1,225 per share, bringing the total transaction value to ₹122.50 crore.
Following the transaction, Sunil Sachdeva's holding in Global Health decreased to 10.42 per cent from 10.79 per cent. As reported by The Hindu BusinessLine, Sachdeva, who is also co-founder of Medanta Hospitals, offloaded the shares at the same price point as the mutual fund's purchase. The transaction involved a complete transfer of ownership from the co-founder to the institutional investor.
Global Health shares rose nearly 1 per cent to close at ₹1,249 apiece on the National Stock Exchange following the announcement. According to market data, the positive market reaction suggests investor confidence in the healthcare chain operator's prospects. The stock movement indicates market participants view the institutional investment as a positive development for the company's future growth prospects.
Global Health Ltd reported robust financial results for the fourth quarter ended March 31, 2026. As reported by The Hindu BusinessLine, the company posted a 39.7 per cent increase in profit after tax to ₹141.7 crore compared to ₹101.4 crore in the corresponding period of the previous fiscal year. The company's revenue from operations stood at ₹1,159 crore against ₹931.3 crore in the year-ago period, demonstrating strong operational growth and execution capabilities in the healthcare sector.
