The transaction, carried out at Rs 7,850 per share, represents about 1.32% equity of the company. However, the exact details of the deal have not yet been disclosed.
Earlier reports suggested that Suneetha Reddy, one of Apollo’s key promoters, was expected to sell up to 1.25% equity, equivalent to over 48 lakh shares valued at about Rs 1,395 crore.
The floor price for the transaction was anticipated at Rs 7,747 per share, around a 2% discount to Apollo’s closing price of Rs 7,920 on Thursday, August 21.
Apollo Hospitals Q1 Results
Apollo Hospitals posted a net profit of Rs 433 crore in Q1 FY26, marking a 42% increase compared to the Rs 305 crore reported during the same period last year. Revenue from operations also grew by 15% to Rs 5,842 crore.
Furthermore, the company’s healthcare services revenue alone amounted to Rs 2,974 crore, while its retail health & diagnostics segment reported Rs 435 crore in revenue for the quarter.
Apollo Hospitals share price history
Over the past year, the shares of Apollo Hospitals have delivered a strong gain of 17.13%. So far this year, it is up 7.53%. In the last six months alone, it has jumped 25.42%, while the three-month period shows a rise of 13.46%. Even in the past month, the stock continued its upward trend with a 9.24% increase.
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