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6 months ago
BUZZ-India's Apollo Hospitals falls; Khazanah arm to sell 6 pct stake in co
March 3, 2017 / 4:25 AM / 6 months ago

BUZZ-India's Apollo Hospitals falls; Khazanah arm to sell 6 pct stake in co

** Shares of Apollo Hospitals Enterprise Ltd fall as much as 5.3 pct to 1,250 rupees

** Unit of Malaysian sovereign fund Khazanah launches block deal to sell $160 mln worth of shares in co - term sheet

** Stock posts biggest intraday percentage drop since Nov. 15

** About 10.5 mln shares change hands by 0407 GMT, more than 50 times the stock's 30-day average

** As of Thursday's close, Apollo's stock had gained about 12 pct this year

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