Indegene Shares Traded in Block Deal by Major Funds

Imagine a company called Indegene.

Big investors, like Sunil Singhania's Abakkus, bought a bunch of Indegene's shares in a special deal.

At the same time, another company called Carlyle sold all of their shares in Indegene.

Other investors like East Bridge Capital also joined in the buying.

The average price per share was around ₹591.

Indegene's stock price went down a little bit on Wednesday, but it's still worth more than when it first became available to the public.

These big moves happen when companies change ownership or when investors decide to buy or sell large amounts of stock.