Integrated Core offloads over 27 lakh shares of ICICI Lombard worth Rs 315 cr

Singapore-based Integrated Core Strategies Asia Tuesday offloaded over 27 lakh shares of general insurer ICICI Lombard worth over Rs 315 crore through open market transactions. According to the bulk deal data available with the NSE, Integrated Core sold 27.45 lakh shares for an estimated Rs 315.51 crore with the average price being Rs 1,149.16 per scrip.

However, the buyer could not be ascertained immediately. In a separate transaction, Integrated Core Strategies Asia bought over 54.60 lakh shares of pharmaceutical firm Cadila Healthcare Ltd worth Rs 140.98 crore. Shares of ICICI Lombard General Insurance Company Tuesday ended at Rs 1,193.80 apiece on the NSE, up 6.84 per cent from their previous close, while Cadila Healthcare stock settled 6.95 per cent higher at Rs 261.95.