Apollo Hospitals Enterprises is trading higher by 2% at Rs 888 after the promoter family’s holding company PCR Investments has bought shares worth Rs 87.66 crore through open market.
According to National Stock Exchange (NSE) data, on December 24, PCR Investments bought one million shares at a price of Rs 876.67 a share. The company has not disclosed the name of the sellers.
The Reddys—the promoter family of Apollo Hospitals—hold around 34.35% stake in the company, of which 18.42% stake is held by PCR Investments while the rest is with individual family members, as of September 30, 2013.
The stock opened at Rs 880 and touched high of Rs 895 on the NSE. A combined around 88,000 shares have changed hands on the counter so far on the NSE and BSE.
According to National Stock Exchange (NSE) data, on December 24, PCR Investments bought one million shares at a price of Rs 876.67 a share. The company has not disclosed the name of the sellers.
The Reddys—the promoter family of Apollo Hospitals—hold around 34.35% stake in the company, of which 18.42% stake is held by PCR Investments while the rest is with individual family members, as of September 30, 2013.
The stock opened at Rs 880 and touched high of Rs 895 on the NSE. A combined around 88,000 shares have changed hands on the counter so far on the NSE and BSE.
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