Radhakishan Damani Portfolio: Ace Investor has cut its stake in Metropolis Healthcare Company during the October to December 2021 quarter. As per the healthcare company’s shareholding pattern for the recently ended December 2021 quarter, Radhakishan Damani’s company Star Investments holds 1.23 per cent stake in the company, up from 1.39 per cent in the September 2021 quarter. In fact, mutual funds and foreign portfolio investors (FPIs) have also reduced their stake in the company, reveals Metropolis Healthcare shareholding pattern for the recently ended Q322.
Radhakishan Damani’s stake in Metropolis Healthcare
As per the Metropolis Healthcare shareholding pattern for the December 2021 quarter, Radhakishan Damani’s Star Investments held 6,31,681 shares or 1.23 per cent stake in the December 2021 quarter, while in Q2FY22, it held 7,11,274 or 1.39 per cent stake in the company. So, it is clear from the Q3FY22 shareholding pattern of the healthcare company that Radhakishan Damani sold 0.16 percent stake or 79,593 Metropolis Healthcare shares.
Mutual funds, FPIs follow
In Q3 FY2021-22, mutual funds and FPIs have also trimmed their stake in the company. As per the company’s shareholding pattern for the December 2021 quarter, the mutual fund holds 48,27,004 shares or 9.43 per cent as against 49,49,496 shares or 9.67 per cent stake in the company in the September 2021 quarter.
Similarly, FPIs reduced their stake in the company from 1,57,19,148 shares or 30.72 per cent stake to 1,53,83,857 or 30.60 per cent in the company during the October to December 2021 quarter.
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