Apollo Hospitals Enterprise Limited
Nippon India Mutual Fund decreased its stake in Apollo Hospitals Enterprise Limited from 1.28% to 1.15%, selling 185,886 shares.
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 fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.