Page 12 - Apollo Hospitals

Promoter pledging in Apollo Hospitals may come down to 20-25%, says CFO

The promoter group shareholding in AHEL was around 30.80 per cent at the end of September, 2019, of which around 66.19 per cent is pledged, according to regulatory filing

Apollo Hospitals denies allegations related to pharmacy business de-merger

On Tuesday, the stock price of AHEL came down by Rs 97.80 to end the day at Rs 1,430.85 per share

Nifty Outlook & top trading ideas by CapitalVia: Buy Apollo Hospitals, M&M

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Top 10 biz headlines: YES Bank to raise $1 bn, spectrum auction, and more

From YES Bank pursuing to raise $1 billion to spectrum auction not finding many takers, here are the top 10 business headlines on Monday

Top stock picks by Prabhudas Lilladher: Buy HCL Tech, Apollo Hospitals

Trading ideas by Vaishali Parekh of Prabhudas Lilladher

Apollo Hospitals signs MoU with Samsung's spinoff Wellysis for cardiac care

Apollo has set up 40 cardiac command centres at its hospitals and any doctor across the country can gain access to the knowledge and experience of 300 cardiologists in the group's ecosystem

Apollo Hospitals launches artificial intelligence-based programme

The programme, designed for three years now, would offer health check ups, directions and health mentoring

Apollo Hospitals to seek shareholders' nod for hiving off pharmacy biz

Front end of the business to go to a separate firm, which will focus on achieving Rs 10,000 cr revenue and 30% ROCE within 5 years

Apollo Hospitals surges 5% after promoter announces stake reduction

The aim of the stake sale is to reduce the promoters' pledged shares in the company.

Top 10 biz headlines: Ruias win back Mahan Power, auto cos' GST woes & more

From the Ruias being set to wrest back control of the Mahan Power project to the govt's warning that GST relief for auto cos may raise burden on other goods, here are Thursday's top business headlines

Apollo Hospitals promoter group will issue 50 lakh shares to reduce stake

A combination of foreign and domestic institutional investors are expected to participate

Apollo Pharmacy aims to expand its private label business in next 3 years

Company officials said the private label business was 6.5 per cent of revenue last year and expected to be 7 per cent this year

From Apollo to Fortis, hospitals tap West Asia, Africa for new patients

Foreign patients help hospitals increase occupancy, improve cash flow, build brand profile overseas, and serve as a hedge against currency volatility

Improving execution to deliver healthy gains for Apollo Hospitals

Lower debt, divestments, and reduction of promoter pledge are other triggers

Apollo Hospitals sees older hospitals' Ebitda growing to 25% in 3-4 years

Promoters say the plan to reduce pledged shares in the firm to 50% in a few months is on track

Apollo Hospitals promoters look for partner to release pledged shares

The primary aim is to bring down our pledge over next one year, Suneeta Reddy, managing director of Apollo Hospitals Group said

The family will remain in control of Apollo Hospitals: AHEL's Suneeta Reddy

We have created a lot of digital content in the medical education space; we are looking to grow, she said

Family running Apollo Hospitals seeks investors, assets sale to pay debt

The aim is to reduce the Apollo shares pledged by the family as collateral to lenders, to 20 per cent of their total holding in the company from about 78 per cent now

Apollo Hospitals Enterprise's promoter pledging likely to hit 75%

Earlier, almost 74 per cent of the promoter shares were pledged to unwind a deal with private equity player KKR, raising concerns in the market.

Apollo Hospitals plans to reduce debt to Rs 2,500 crore by FY20-end

Apollo promoters would use the money from the stake sale to reduce their pledged shares to around 35-40 per cent, said a senior official from the company.