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Apollo Hospitals shares set to react to ₹1,489 crore block deal; Suneetha Reddy likely sellerAt the end of the June quarter, Suneetha Reddy, one of the promoters of Apollo Hospitals, and the likely seller in the transaction, owned a 3.36% stake in the company.By Vivek Iyer   August 22, 2025, 8:59:19 AM IST (Updated)1 Min ReadAs many as 18.97 lakh shares, or 1.32% equity of Apollo Hospitals Enterprise Ltd. worth ₹1,489 crore, changed hands at ₹7,850 per share, during the block deal window on Friday, August 22.

On Thursday, August 21, CNBC-TV18 had reported, citing sources that promoter and managing director of Apollo Hospitals Suneeta Reddy was likely to divest 1.25% (18 lakh shares) of her stake in the company via a block deal.

The transaction was to be valued at ₹1,395 crore, with a floor price of ₹7,747 per share, sources said.

At the end of the June quarter, Reddy owned 3.36% stake in the company.

Apollo Hospitals reported a consolidated net profit of ₹433 crore in the first quarter, up 42% from the previous year's ₹305 crore. Its revenue increased 14.9% to ₹5,842 crore form ₹5,085 crore last year.

The company's EBITDA increased 26.3% to ₹851.5 crore while its operating margins expanded to 14.6% from 13.3% in the year-ago period.

Apollo Hospitals shares ended the previous session 0.5% up at ₹7.920 per share. The stock has gained 9.3% in the past month.

Also Read: Mazagon Dock shares may face further pressure despite recent correction, JPMorgan saysContinue ReadingFirst Published: Aug 22, 2025 8:57 AM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsApollo HospitalsApollo Hospitals Enterpriseblock dealshare market today