Axis Mutual Fund reduced its stake in Apollo Hospitals Enterprise Limited from 1.86% to 1.79% by selling 97,840 shares. The value of the sold shares was ₹85.14 Cr at ₹8702.00 apiece.
India's pioneering private healthcare provider, Apollo Hospitals operates a comprehensive network of multispecialty hospitals, diagnostic centers, and clinics across the country. Established in 1983, the company is recognized for introducing modern corporate healthcare standards and advanced medical technology to India's healthcare landscape. Apollo delivers tertiary care, emergency services, specialized treatments, and wellness programs through its integrated healthcare ecosystem.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.
