{"id":8450,"date":"2026-04-29T18:27:08","date_gmt":"2026-04-29T18:27:08","guid":{"rendered":"https:\/\/demo5.dedicatedhost247.com\/zexo\/mauritius-based-entity-sells-rs-289-crore-worth-shares-in-emcure-pharmaceuticals-via-block-deal-norges-bank-acquirer\/"},"modified":"2026-04-29T18:27:08","modified_gmt":"2026-04-29T18:27:08","slug":"mauritius-based-entity-sells-rs-289-crore-worth-shares-in-emcure-pharmaceuticals-via-block-deal-norges-bank-acquirer","status":"publish","type":"post","link":"https:\/\/demo5.dedicatedhost247.com\/zexo\/mauritius-based-entity-sells-rs-289-crore-worth-shares-in-emcure-pharmaceuticals-via-block-deal-norges-bank-acquirer\/","title":{"rendered":"Mauritius-based entity sells Rs 289 crore worth shares in Emcure Pharmaceuticals via block deal; Norges Bank acquirer"},"content":{"rendered":"


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Emcure Pharmaceuticals<\/a> witnessed a block deal<\/a> on Wednesday in which a Mauritius-based investment entity BC Investments IV Limited<\/a> sold 18 lakh shares in a transaction that was valued at Rs 289 crore.<\/p>\n

The shares were purchased by Norges Bank<\/a> on Account of The Government Pension Fund Global<\/a> at a price of Rs 1,608.2 apiece. The stock today ended with strong gains of 8% at Rs 1,729.90 on the NSE.<\/p>\n

BC Investments IV, an affiliate of Bain Capital<\/a>, held over 73.39 lakh shares accounting for 3.87% stake in the company as on March 31, 2026.<\/p>\n

The stock has delivered returns of 67% in the past 12 months, outperforming the benchmarks Nifty and the BSE Sensex, whose returns in the same period stand at -1% and -3%, respectively.<\/p>\n

The stock is currently trading above its 50-day and 200-day simple moving averages (SMAs) of Rs 1,535 and Rs 1,438, respectively, according to Trendlyne data.<\/p>\n

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The pharma company is into manufacturing APIs and formulations.<\/p>\n

The company reported a consolidated net profit of Rs 231 crore which is a growth of 50% over Rs 154 crore reported in the year ago period. The company reported a total revenue of Rs 2,365 crore which is growth of 20% YoY versus Rs 1,966 crore in the corresponding quarter of the last financial year.Emcure Pharmaceuticals<\/a> is a smallcap stock with a market capitalization of Rs 32,742 crore.<\/p>\n

Also read: Delhivery block deals worth Rs 186 crore see Goldman Sachs, Morgan Stanley, MFs step in; Nexus sells stake<\/a><\/p>\n

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)<\/i>
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Emcure Pharmaceuticals witnessed a block deal on Wednesday in which a Mauritius-based investment entity BC Investments IV Limited sold 18 lakh shares in a transaction that was valued at Rs 289 crore. The shares were purchased by Norges Bank on Account of The Government Pension Fund Global at a price of Rs 1,608.2 apiece. The […]<\/p>\n","protected":false},"author":1,"featured_media":8451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[50],"tags":[12879,12873,351,12871,5039,12214,988,1145,12876,12870,1408,12874,12875,12878,12872,12877,986,571,1493],"jetpack_featured_media_url":"https:\/\/img.etimg.com\/thumb\/msid-130612707,width-1200,height-630,imgsize-80552,overlay-etmarkets\/articleshow.jpg","_links":{"self":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/8450"}],"collection":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/comments?post=8450"}],"version-history":[{"count":0,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/posts\/8450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media\/8451"}],"wp:attachment":[{"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/media?parent=8450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/categories?post=8450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo5.dedicatedhost247.com\/zexo\/wp-json\/wp\/v2\/tags?post=8450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}