Quote on Apollo Hospital Soft Bank deal by Mr. Yash Gupta, Angel Broking Ltd
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Below are Quote on Apollo Hospital Soft Bank deal by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd
Apollo Hospital has clarified that the company is continuously evaluating various options and opportunities for maximizing values for its shareholders.
Apollo Hospitals has denied commenting on the report that mentioned that the Soft Bank is looking to acquire 25% in Apollo Healtco, pharmacy arm of Apollo Hospital which the company created recently. If the deal finalizes in the near future, the same would be very positive for the Apollo Hospitals. We have a buy rating on Apollo Hospital with a target price of 3900.
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On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
