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Apollo Hospitals’ promoter group, led by Suneeta Reddy, sold 18.97 lakh shares (1.3% equity) at ₹7,850/share, raising about ₹1,490 crore. The move reduces pledged shares from 13.1% to ~2% and promoter holding to 28%. Proceeds will lower debt. Stock has given 361% 5-year returns, rising 17.19% in 1 year against Nifty’s -0.03%.
short by / 02:59 pm on 25 Aug
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