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HomeSTOCKS770 Crore Back-to-back Massive Block Deal; 37 Lakh Shares Traded; Share Jump...

770 Crore Back-to-back Massive Block Deal; 37 Lakh Shares Traded; Share Jump After Deal

Mankind Pharma Ltd ( NSE: MANKIND) Share Price: Mankind Pharma Ltd shares witnessed several block deals as soon as the stock market opened today on July 10. In this deal, 37 lakh shares of the company were bought and sold, which is equal to its total 0.9 percent stake. 

These share was sold for Rs 2,083 per share and the total value of the deal was Rs 770.71 crore. After the block deal, the company’s shares saw a jump of up to 3 percent. 

Control could not immediately identify the parties selling and buying shares in this deal. However, Capital Group’s subsidiary ‘Hema CIPEF’ is planning to sell a 0.9% stake in the company through a block deal. The value of this deal can be Rs 762.6 crore.

The minimum price of shares for the block deal was fixed at Rs 2,061 per share. This was a discount of 2 percent from its Tuesday closing price. The brokers of this block deal were Kotak Securities and IIFL Limited.

According to the shareholding data till the March quarter, Hema CIPEF held a 2.22 percent stake in Mankind Pharma.

At the same time, domestic mutual funds of India held an 8.57% stake in Mankind Pharma Ltd. While foreign portfolio investors held a 9.87% stake in the company.

Mankind Pharma Ltd share was listed on the stock exchanges in May of last year. Its IPO came for Rs 1,300 per share. 

Currently, its shares are about 62 percent above their IPO price. So far in the year 2024, the company’s shares have gained about 8 percent.

Mankind Pharma Ltd Stock Performance

Current Price₹ 2,146
52-wk High₹ 2,490 
52-wk Low₹ 1,680
5 Days Return-1.34%
1 Month Return-1.23%

Key Fundamentals Parameters

Market Cap₹ 85,980 Cr.
Stock P/E47.2
Book Value₹ 240
Dividend0.00 %
ROCE26.1 %
ROE21.0 %
Face Value₹ 1.00
P/B Value8.98
OPM25.1 %
EPS₹ 45.5
Debt₹ 8.57 Cr.
Debt to Equity0.00

Mankind Pharma Ltd Shareholding Pattern

Promoters Holding
Mar 2023
June 202376.50%
Sept 202376.50%
Dec 202376.50%
Mar 202474.88%
FII Holding
Mar 2023
Jun 20234.18%
Sep 20234.18%
Dec 20236.74%
Mar 20249.87%
DII Holding
Mar 2023
Jun 20234.56%
Sep 20234.56%
Dec 20239.78%
Mar 202411.14%
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Public Holding
Mar 2023
Jun 202314.76%
Sep 202314.76%
Dec 20236.97%
Mar 20244.10%

Mankind Pharma Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 4,794 Cr
2021₹ 5,523 Cr
2022₹ 7,486 Cr
2023₹ 8,127 Cr
2024₹ 9,265 Cr

Last 5 Years’ Net Profit:

2020₹ 958 Cr
2021₹ 1,084 Cr
2022₹ 1,389 Cr
2023₹ 1,248 Cr
2024₹ 1,823 Cr

Conclusion

This article provides a detail guide about Mankind Pharma Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

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