Apollo Hospitals slips after MD Suneeta Reddy pares stake via Rs 1,489-crore block deal


Apllo Hospitals Block Deal: Shares of Apollo Hospitals Enterprise Ltd edged lower on Friday after Managing Director Suneeta Reddy sold a portion of her stake in the company through a large block deal. The stock slipped around 1 per cent in early trade to Rs 7,852 on the NSE, reacting to the transaction that saw nearly 18.97 lakh shares change hands. However, the stock gained marginally at around 11:37 am. 

The deal, valued at approximately Rs 1,489 crore, was executed at a floor price of Rs 7,850 per share — slightly below Wednesday’s closing level of Rs 7,926. As per latest available shareholding data, Reddy held a 3.36 per cent stake in the company at the end of June 2025. Following this sale, her holding is expected to reduce to 2.11 per cent.

The transaction comes at a time when the company has posted strong earnings for the April–June quarter. Apollo’s consolidated net profit surged 42 per cent year-on-year to Rs 433 crore, with revenue rising 15 per cent to ₹5,842 crore. Operating profit (EBITDA) rose by 26 per cent to Rs 851.5 crore, while margins improved to 14.6 per cent from 13.3 per cent a year ago.

Apollo Hospitals is also charting an aggressive expansion plan. The company has announced it will add more than 4,300 beds across key cities, including Bengaluru and Hyderabad, with a capital outlay of Rs 7,600 crore over the next five years. It is also pushing ahead with new digital and preventive health platforms such as Apollo Zen and OraLife.



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