Apollo Hospitals Enterprise (AHEL) is restructuring its operations by setting up a separate company to house its pharmacy and online digital assets. The reorganisation will enable the company to focus on digital healthcare services and unlock value given investor demand for such healthcare platforms.

• Coal India, AMNS Sign MoU on Syn-Gas at Paradip Plant
• HAL Hits 52-Week High of Rs 5,055 on Strong Q1 Results
• MP Approves Rs 1,757 Crore Bhopal-Vidisha Road Project
• Nvidia Reportedly Developing 1 Trillion-Parameter AI Model
• West Coast Paper Hits 52-Week High on Strong Q1 Profit

AHEL will transfer related assets (pharmacy retail and backend, diagnostics, online brands) and companies to the new outfit called Apollo HealthCo (AHL) and get Rs 1,200 crore for the slump sale of these assets.

Stock Covered in the news

Apollo Hospitals Enterprise (AHEL)-View Detailed Analysis