Apollo Hospitals Enterprise Limited
LIC increased its stake in Apollo Hospitals Enterprise from 1.66% to 1.97%, acquiring 442,915 additional shares. The value of the acquired shares is approximately ₹385.44 crore based on the closing price of ₹8702.00 per share.
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.
India's largest domestic institutional investor with over Rs 56 lakh crore in total AUM, of which roughly Rs 15 lakh crore sits in listed equities. Holds stakes in virtually every major listed Indian company. When LIC builds or exits a position, it moves markets. Government-owned and mandated to invest policyholder funds in Indian equities and bonds, making it the ultimate long-only, long-term India bull.