Dr Agarwal’s Eye Hospital tanks 15% on merger news; stock hits 2025 low
Shares of Dr Agarwal’s Eye Hospital Ltd (AEHL) plunged as much as 18 per cent on Thursday, August 28, after the company announced a merger with its listed parent — Dr Agarwal’s Health Care Ltd (AHCL). The sharp fall came as investors appeared to react negatively to the proposed share-swap arrangement. By 1:15 p.m., AEHL…