India's Rainbow Children's Medicare falls on block deals

Rainbow Childrens Medicare

29/02/2024 06:10

** Shares of Rainbow Children's Medicare  RAIB.NS  down 2%
at 1400 rupees, after falling as much as ~3% earlier  
    ** More than 606k shares changed hands in three block deals
by 11:30 a.m. IST, priced between 1401.65 and 1402.95 rupees
apiece
    ** Hospital chain's stock set to gain for the fifth straight
month
    ** More than 1 mln shares changed hands, about 5x 30-day avg
    ** Including session's moves, stock has risen 18% this year
after a 61% jump in 2023 

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))