Schroders Investment Management (Singapore) has accumulated more shares of Apollo Hospitals Enterprise. In a post-market hours disclosure, the fund house said it had bought 1.39 lakh shares (0.10 per cent of the paid-up capital) of the hospital major on August 31. Prior to the acquisition, Schroders had held 68.92 lakh shares. Following the latest purchase, its stake-holding increased to 5.054 per cent from 4.954 per cent. Shares of Apollo Hospitals may react positively to the development.
Will Schroders’ buy boost Apollo Hospitals?
Published on
September 14, 2016 17:39