Signals, Powered By EquityPandit
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.
- What is Stock Order : Types, Differences & How Order Works
- India’s Business Activity Hits 3-Month High in Nov Amid Rising Costs
- Trudeau to Cut Sales Tax and Send Checks to Canadians Ahead of Election
- Ashwini Vaishnaw Encourages German Companies to Invest in India
- Flipkart Appoints Dan Bartlett to Board
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
