Bengaluru, Dec. 16 -- The shares of the healthcare company gained up to 4 percent from the intraday's low after a prominent domestic Institutional Investor acquired 16.68 lakh equity shares via a Bulk deal.

With a market capitalization of Rs 8,851.09 crore, the share of CORONA Remedies were trading at Rs 1,458 per share, increasing around 1.64 percent as compared to the previous closing price of Rs 1,438.40 apiece.

Bulk deal

The share of CORONA Remedies have seen bullish movement after Invesco Mutual Fund picked up a 2.7% stake in the company through a sizable investment of Rs 241.55 crore. The fund acquired 7 lakh shares at Rs 1,434.20 and another 9.68 lakh shares at Rs 1,457.42, reflecting strong institutional confidence in the compa...