Apollo Hospitals boosts ownership in AHLL, plans oncology centre
Apollo Hospitals Enterprise Ltd (AHEL) will acquire 30.58% in Apollo Health and Lifestyle Ltd (AHLL) for ₹1,254.07 crores, making it a 99.42% subsidiary. It also announced a ₹573 crore oncology centre in Gurugram with proton therapy. Stock gained 13.42% in one year and delivered multibagger returns of 361% in five years, with market capitalisation at ₹1.13 lakh crore.