D-Street witnessed a bunch of block deals involving top names such as Reliance Industries (RIL), HDFC Bank and Apollo Hospitals Enterprises. While Goldman Sachs sold shares in the RIL and HDFC Bank while BofA offloaded shares in Apollo. Goldman Sachs sold 3.98 lakh shares through its affiliate Goldman Sachs Bank Europe SE at a price…
BSE Index Services Pvt. Ltd., a wholly owned subsidiary of BSE, on Friday announced the launch of the BSE Hospitals Index, a new sectoral index designed to track the performance of hospital stocks within the healthcare industry. The index, derived from constituents of the BSE 1000 and weighted by free-float market capitalization, carries a base…
Norway-based Norges Bank bought over 14.62 lakh shares worth Rs 158 crore in Clean Science and Technology via block deal on Thursday. Nippon India Mutual Fund, SBI Mutual Fund and Bajaj Allianz Life Insurance Company were also buyers in the bulk deals where promoters Asha Ashok Boob and Ashok Ramnarayan Boob together sold over 1.9…
Apollo Hospitals Enterprise Limited’s (AHEL) board on Monday announced a sweeping corporate overhaul, approving a composite scheme of arrangement involving its subsidiaries Apollo Healthco Limited (AHL) and Keimed Private Limited, alongside its wholly owned subsidiary Apollo Healthtech Limited. Under the restructuring exercise, the company will first demerge its ‘Identified Business Undertaking’ into Apollo Healthtech. Subsequently,…
As benchmark indices hit a nine-month high in the last week of June, traders are looking to ride the bullish wave. A look at some of the stock futures that have seen higher-than-average rollovers to the July series and poised to move up further. HPCL CMP: Rs 439 Change in Open Interest in July Series:…
Shares of the leading hospital chain company, Apollo Hospital, were trading in the green and 3% higher on 31 May after the company announced its quarterly earnings for January-March. The company in its quarterly earnings reported a 77.5% year-on-year increase to Rs 258 crore for the quarter from Rs146 crore reported in the same quarter…
Apollo Hospitals on Thursday reported a 76% year-on-year (YoY) jump in net profit to Rs 254 crore in Q4FY24, led by growth across the hospital, diagnostics, speciality and pharmacies businesses. The company reported a net profit of Rs 145 crore in the corresponding quarter of the previous year. Revenue grew 15% YoY to Rs.4,944 crore…