Promoter Suneetha Reddy offloaded a 1.3% stake in Apollo Hospitals Enterprise, a Nifty 50 company, for ₹1,489.3 crore via open market transactions on Friday. The sale involved 18.97 lakh shares at ₹7,850 per share through block deals. Despite the massive transaction, Apollo Hospitals shares closed nearly flat at ₹7,922.5, down 0.05% on the NSE. Major buyers included Morgan Stanley, Goldman Sachs, Societe Generale, T Rowe Price, Abu Dhabi Investment Authority, and leading domestic mutual funds.
In other market activity, Consolidated Construction Consortium surged to ₹17.88, hitting the 20% upper circuit on heavy volumes, recouping several weeks of losses. Banyan Capital Advisors acquired 1.19% stake, while EIF-Coinvest III sold 1.24% stake.
GOCL Corporation shares rose 2.23% to ₹397.25, continuing a four-session rally despite promoter Hinduja Capital selling 4.99% stake. Buyers included Legends Global Opportunities (Singapore).
Oswal Agro Mills gained 3.19% to ₹79.19, driven by promoter group Oswal Greentech buying an additional 4.99% stake, while investors TUSHAR Holdings and Alliance Techno Projects exited their holdings.
These moves highlight active promoter stake sales, institutional participation, and market rebalancing across India’s top healthcare, construction, and agro stocks.
