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Apollo Hospitals announces deal with Advent; stock down 8% on valuation concerns

Shares of Apollo Hospitals Enterprise fell over 8 percent in intra-day trading today after the firm announced that it will raise ₹2,475 crore through private equity firm Advent International for its unit Apollo HealthCo. Investors expressed concern about the valuation assigned to Apollo 24/7. ....

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apollo hospitals stock: Apollo Hospitals Enterprise: Bullish to sideways

Apollo Hospitals Enterprise’s daily trend is bullish to sideways. The RSI for daily is showing sideways momentum, however, the RSI for monthly and weekly are showing bullish momentum. Based on option chain analysis, the range is between 5500 and 5600. Let’s plan a trade around this. ....

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Apollo Hospitals, INOX Wind, Shriram Properties, other stocks to watch on May 31, 2023

Stocks in focus today: Indian share market is gradually inching towards their record high. However, mixed global cues are capping the momentum. This scenario may continue and may keep the traders guessing on the sustainability of the trend. Apollo Hospitals, INOX Wind, and Shriram Properties are among the stocks to watch on Wednesday, May 31, 2023. ....

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