📰 ET Markets 🔴 BEARISH 🕒 09 Oct 2026, 09:53 PM IST

Anthem Biosciences block deal: Portsmouth Technologies sells 30 lakh shares worth Rs 250 crore

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Core Development: Anthem Biosciences block deal: Portsmouth Technologies sells 30 lakh shares worth Rs 250 crore

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Market & Financial Impact: Portsmouth Technologies LLC executed a block deal selling 30 lakh shares of Anthem Biosciences on October 9. The shares were sold at Rs 833 each, totaling Rs 249.90 crore. Following this transaction, Portsmouth's estimated stake in the company would decrease significantly. Anthem Biosciences reported a decline in total income and profit after tax for the first quarter of FY27.

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Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

Read Original Full Coverage on Economic Times ↗

Anthem Biosciences block deal: Portsmouth Technologies sells 30 lakh shares worth Rs 250 crore

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