Jhunjhunwala family-backed IKS Health sees Rs 500 crore block deal; stock slides 4%

Shares of IKS Health fell after 30 lakh shares worth Rs 499 crore changed hands in a block deal, just a day after its six-month post-IPO lock-in ended. Backed by the Jhunjhunwala family, the stock is now 22% below its post-listing high. The sale has raised concerns about more potential exits from early investors or promoters.