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The stock market of the country’s largest hospital chain, Apollo Hospitals can be seen today. The news is coming that the company’s promoter and managing director (MD) Sunita Reddy is preparing to sell a large part of her stake. This news is very important for those investors who have Apollo shares or who are thinking of investing in it. What is the entire deal? According to reports, Sunita Reddy can share up to 1.25%in the company. The sale will be done through the Block Deal. In an easy language, the block deal is a big deal to be held in the stock market in which a large number of shares are purchased and produced simultaneously. Deal price: The total price of this stake is being around ₹ 1,395 crore. This price is about 4%less (at discounts) at the time of the time at the time of the market closure on Wednesday. Why are the porters selling a stake? Whenever a big owner or promoter of a company sells its stake, the market looks very carefully. However, why Sunita Reddy is selling this stake, the reason behind this is not yet clear. Many times promoters also do the same to meet their personal financial goals or to invest in some other place. What does it mean to investors? Often when a promoter sells his stake, he is seen as a negative sign and can be under pressure on the share price. Since this deal is on a discount in the current price, its impact can be seen on the opening of the stock on Thursday, however, Apollo Hospitals has performed quite spectacular in the last one year and its stock has given more than 50%returns. It will now be seen how the market reacts to this news.