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    Apollo Hospital shares up 0.63% as Nifty gains

    Synopsis

    The stock quoted a 52-week high price of Rs 3396.0 and low of Rs 1308.1.

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    Nifty on Wednesday halted a falling spree and formed a bullish candle on the daily chart.
    Shares of Apollo Hospitals Enterprise Ltd. rose 0.63 per cent to Rs 3190.1 in Tuesday's trade. It hit an intraday high of Rs 3229.0 and low of Rs 3161.45, respectively, during the day.

    The stock quoted a 52-week high price of Rs 3396.0 and low of Rs 1308.1.

    As of 11:59AM (IST), the counter saw total traded volume of 25,535 shares with a traded value of Rs 8.15 crore, according to NSE.

    The stock had closed at Rs 3170.05 in the previous session.

    The scrip has declined -0.28 per cent in the past one month till date, while the benchmark BSE Sensex has gained 6.82 per cent during the same period.

    According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 227.52 while price-to-book ratio stood at 4.74. A higher P/E ratio shows that investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations. The price-to-book value indicates the inherent value of a company and it reflects the price investors are ready to pay even for no growth in a business.

    The stock belongs to the Hospital industry.

    Promoter/FII Holding
    Promoters held 29.82 per cent stake in the company as of 31-Mar-2021, while FII and MF ownership in the firm stood at 54.51 per cent and 5.91 per cent, respectively.

    Key Financials
    The company reported consolidated sales of Rs 2765.34 crore for the quarter ended 31-Dec-2020, down 0.24 per cent from the previous quarter's Rs 2772.04 crore and down 5.34 per cent from the year-ago quarter's Rs 2921.4 crore. Its net profit for the latest quarter stood at Rs 130.45 crore, up 41.58 per cent from the same quarter a year ago.
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