Apollo Hospitals Shares Dip After Rs 1,489 Crore Block Deal

Hospitals Enterprises' share price dropped 1% to Rs 7,852 on August 22, 2025, following a block deal where promoter and managing director Suneeta Reddy reportedly sold 1.32% of her stake, valued at Rs 1,489 crore. The transaction involved 18.97 lakh shares at a floor price of Rs 7,850, a slight discount from the previous close of Rs 7,926 on the NSE. Reddy, part of Apollo’s founding family since 1989, held a 3.36% stake as of June 2025, which is expected to reduce to 2.11% post-sale. The deal follows a strong Q1 FY26, with Apollo reporting a 42% jump in net profit to Rs 433 crore, revenue growth of 15% to Rs 5,842 crore, and a 26% rise in EBITDA to Rs 851.5 crore. Operating margins also improved to 14.6% from 13.3%.