Shares of Apollo Hospitals Enterprise Ltd., India’s largest healthcare services firm, surged to a record Tuesday after it announced plans to merge its digital health and pharmacy businesses and spin ...

Shares of Apollo Hospitals were up 4.11% at ₹7,549.5 apiece at 9.20 am on Tuesday, July 1. The stock has gained 9% in the past month.

Apollo Hospitals Enterprise reported a bigger-than-expected 47.5% fall in first-quarter profit on Friday, dragged by operating costs related to its digital healthcare platform.

Since acquiring Lifepoint in 2018 and spinning off ScionHealth in 2021, Apollo has consolidated ownership of 220 hospitals in 36 states, with a workforce of about 75,000 employees.

Apollo Hospitals Enterprises is planning to sell its maternity and infant care division, Apollo Cradle and Children’s Hospital Ltd (ACCHL). ACCHL is a subsidiary of Apollo Specialty Hospitals.

Apollo, which runs over 70 hospitals across the country with over 10,000 beds, said revenue from operations rose 14% to 48.47 billion rupees.

In its latest earnings report, Apollo Commercial Real Estate Finance, Inc. announced a net loss attributable to common stockholders of $0.69 per diluted share for the third quarter of 2024. The ...

Apollo Commercial Real Estate Finance (NYSE: ARI) turned in better-than-expected Q2 results on Tuesday and updated the situation regarding a loan that's backed by property leased to a bankrupt tenant.