Apollo Hospital shares down 0.47% as Nifty drops

Apollo Hospitals Enterprise Limited is an Indian hospital chain Headquartered in Chennai, Tamil Nadu, India. It was founded by Prathap C. Reddy in 1983 as the first corporate health care in India.  

Shares of Apollo Hospitals Enterprise Ltd. traded 0.47 percent down in Friday’s trade at 01:28 PM (IST). Around 23,222 shares changed hands on the counter.

Moreover, the stock opened at Rs. 3270.0 and touched an intraday high and low of Rs. 3,307.5 and Rs. 3194.0, respectively, in the session so far. While shares of the company of Apollo Hospitals Enterprise Ltd. quoted a 52-week high of Rs. 3,334.0 and a 52-week low of Rs. 1253.25.

The total market cap of the Apollo Hospitals Enterprise Ltd. stood at Rs. 46,254.09 crore at the time of writing this report.

Key Financials;

The company reported consolidated net sales of Rs. 2,765.34 crore for the quarter ended 31st-Dec-2020. While down 0.24 percent from the previous quarter’s Rs. 2,772.04 crore and down 5.34 percent from the year-ago quarter’s Rs. 2,921.4 crore.

The net profit for the latest quarter stood at Rs. 130.45 crore, up 41.58 percent from the same quarter a year ago.

Shareholding pattern;

As of 31-Mar-2021, domestic institutional investors held a 5.91 percent stake in the firm. While foreign institutional investors held 54.51 percent and the promoters 29.82 percent.

Valuation ratio;

According to BSE data, the stock traded at a P/E multiple of 229.09 and a price-to-book ratio of 4.47. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business. Apollo Hospitals Enterprise Ltd. belongs to the Hospital industry.