Go Digit Jumps 10% After Peak XV Sells 33.33 Lakh Shares; AB Sun Life And JPMorgan Emerge As Major Buyers In Block Deal
PEAK XV Partners Growth Investments III offloaded shares worth around Rs 100 crore, while Aditya Birla Sun Life Mutual Fund and JPMorgan (Taiwan) Eastern Technology Fund acquired the stake through block deals on the NSE
✨ Key Takeaways
On Friday, Indian equity benchmarks traded higher, with the benchmark Nifty 50 index rising 0.14 per cent to 23,448.70. Amid the positive market sentiment, Go Digit General Insurance's share price jumped around 10.16 per cent to Rs 333.40 The stock remained in focus following a block deal involving more than 33.33 lakh shares on the NSE.
Block Deal Worth Over Rs 100 Crore Executed
According to exchange data, PEAK XV Partners Growth Investments III sold 33,33,500 shares of the company through a block deal at an average price of Rs 300 per share.
On the buy side, Aditya Birla Sun Life Mutual Fund purchased 21,66,667 shares, while JPMorgan (Taiwan) Eastern Technology Fund acquired 11,66,833 shares at the same price.
Based on the transaction price, the total deal value stood at approximately Rs 100 crore.
Go Digit General Insurance Shareholding Pattern
As per the March 2026 shareholding pattern, promoter holding stood at 73.01 per cent, compared with 73.02 per cent in the December 2025 quarter.
Foreign Institutional Investors (FIIs) held 8.01 per cent stake as of March 2026, marginally lower than 8.26 per cent reported in the previous quarter.
Domestic Institutional Investors (DIIs) increased their holding to 14.62 per cent from 14.34 per cent on a quarter-on-quarter basis, indicating continued domestic institutional participation in the stock.
Public shareholding stood at 4.35 per cent during the March 2026 quarter, compared with 4.38 per cent in the preceding quarter.
Go Digit General Insurance Stock Performance
The company currently commands a market capitalisation of approximately Rs 30,312 crore.
The stock has gained 5.75 per cent over the past month and 7.26 per cent over the last five years. However, it has declined 7.38 per cent over the last six months and 4.73 per cent over the past year.
About Go Digit General Insurance
Go Digit General Insurance Ltd is a technology-driven general insurance company engaged in providing motor, health, travel, property, marine and other non-life insurance products across India. The company operates through a digital-first model focused on simplifying insurance purchase and claims processes for customers.
Founded with a focus on technology-led insurance solutions, the company has built a diversified product portfolio catering to retail as well as corporate customers. Go Digit leverages digital platforms, data analytics and automated processes to improve customer experience and enhance operational efficiency across its insurance business.
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Disclaimer: The article is for informational purposes only and not investment advice.
