Latest Updates Around The World
India’s benchmark indices ended subdued in a largely bandwidth-constrained session on Wednesday. The Nifty extended its winning streak to the fourth day in a row, albeit with modest gains, while the BSE Sensex traded slightly lower. The 50-share index closed at 25,953.85, up 18.70 points or 0.07%, while the Sensex fell 40.28 points or 0.05% […]
Apollo Hospitals posted robust quarterly results, driven by strong revenue growth in its healthcare and pharmacy businesses. The company reported revenues of ₹6,477 crores, up 17%, which translated into EBITDA of ₹965 crores, up 27%. Net profit rose 35% to ₹502 crores, due to the impact of higher volumes in high-end specialties and operational efficiencies.Dr. […]
India’s largest hospital chain Apollo Hospitals reported a 35% rise in third-quarter net profit to Rs 502 crore compared to the same period last year, while consolidated revenue grew 17% year-on-year to Rs 6,477 crore. EBITDA grew 27% to Rs 965 crore, the company said in a filing with the stock exchanges on Wednesday.The company’s […]
Leading hospital chain Apollo Hospitals reported 35% year-on-year (year-on-year) growth in consolidated net profit at Rs 502 crore in the third quarter. The Board of Directors has also declared an interim dividend of Rs 10 per share for the financial year 2026.The registration date for this has been set for February 16th and payment will […]
Shares of Max Healthcare, Apollo Hospitals Enterprise, Narayana Health, Fortis Healthcare and Aster DM, among others, rose as much as 4% after Finance Minister Nirmala Sitharaman announced measures to boost medical tourism in the Union Budget 2026. “To promote India as a hub for medical tourism services, I propose to launch a scheme to support […]
The ongoing restructuring of Apollo Hospitals Enterprise to spin off its pharmacy and digital healthcare businesses was a purely managerial decision to sharpen strategic focus and create shareholder value, director Suneeta Reddy told ET, rejecting any suggestion of family differences or change in the dynamics of the promoters. “Let’s not think about it from a […]
Mumbai: India’s primary market is set for a heavy inflow of healthcare companies, including several in-vitro fertilization (IVF) chains, next year, with public offerings worth around ₹20,000 crore expected to hit the streets. A mix of major hospital groups and fast-growing IVF platforms have filed or are about to file draft papers, according to investment […]
The Nifty50 index rose to a new all-time high of 26,310.45 during Thursday’s trading session, supported by strong buying interest among heavyweights in financial, IT, infrastructure and consumption-related stocks.The broad-based optimism in the market was reflected in the positive performance of 24 of the 50 index constituents, with several frontline stocks delivering solid percentage gains. […]
Indian promoter Whirlpool Mauritius Limited is likely to sell a 7.5% stake, representing 95 million shares in the company, in a block deal. The company has likely set the floor price at Rs 1,030 per share, while the deal is valued at Rs 965 crore.News of a likely stock sale was reported today by CNBC […]
D-Street has witnessed a number of block deals involving top names like Reliance Industries (RIL), HDFC Bank and Apollo Hospitals Enterprises. While Goldman Sachs sold shares in RIL and HDFC Bank, while BofA sold shares in Apollo.Goldman Sachs sold 3.98 lakh shares through its subsidiary Goldman Sachs Bank Europe SE at a price of Rs […]
