Sastasundar Ventures, earlier known as Microsec Financial Services is in the limelight in todays trade. The stock price opened with a gain of 10% at Rs.107 and went on to hit an intraday high at Rs.113.80, going up 17%.
The stock price has surged today on news that Mitsubishi Corporation, Japan signed an agreement to invest Rs. 1oo crore in Sastasundar Healthbuddy Ltd.
Sastasundar is a Digital Healthcare platform with a mission to solve one of the biggest problems of lndia i.e., to provide consistent access to affordable healthcare in a convenient manner.
This investment is a part of the fund raised for expansion of SastaSundar and is after the recent investments of Rs. 70.49 crores by Rohto Pharmaceuticals Co. Ltd, Japan and SastaSundar Ventures Ltd.