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Apollo Hospitals Shares Recovered After Stake Sale Confirmation: 1.3% Stake Sold via Block Deal

Written by: Sachin GuptaUpdated on: 22 Aug 2025, 4:04 pm IST
Apollo Hospitals shares saw a recovery after the company confirmed the block deal by promoter Suneeta Reddy.
Apollo Hospitals Shares Recovered After Stake Sale Confirmation: 1.3% Stake Sold via Block Deal
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On August 22, 2025, Apollo Hospital shares recovered from its opening lows to ₹7,911.60 at 09:55 AM, after commencing the session at ₹7,895.00. The recovery in Apollo Hospitals shares came after the company, through an exchange filing, confirmed that its promoters and the Managing Director, Suneeta Reddy, has been a seller in the significant block trade that took place earlier in the day.

As per the exchange filing, Suneeta Reddy sold 18.97 lakh shares, indicating a 1.3% stake in the company at ₹7,850 per share. The said transaction amounted to ~₹1,489 crore.

As of the June 2025 quarter, Suneeta Reddy held a 3.36% stake in Apollo Hospitals in her individual capacity.

Use of Proceeds from Stake Sale

According to Apollo’s filing, the proceeds from the stake sale will be used to reduce the pledged shares held by the promoter and promoter group from the current 13.1% to nearly 2%. Following the transaction, the overall promoter holding in the company will decrease from 29.3% to 28%.

Apollo Hospitals Q1FY26 Performance

In terms of financial performance, Apollo Hospitals posted a consolidated net profit of ₹433 crore in Q1 FY26, marking a 42% year-on-year increase from ₹305 crore. Revenue for the quarter rose 14.9% to ₹5,842 crore, up from ₹5,085 crore in the same period last year.

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EBITDA surged 26.3% to ₹851.5 crore, while operating margins improved to 14.6%, compared to 13.3% in the year-ago quarter.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Published on: Aug 22, 2025, 10:26 AM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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