Apollo Hospital shares up 0.03% as Nifty gains

NEW DELHI: Shares of Apollo Hospitals Enterprise Ltd. traded 0.03 per cent up in Friday's trade at 12:22PM (IST). Around 3,510 shares changed hands on the counter.

The scrip opened at Rs 3345.0 and touched an intraday high and low of Rs 3345.0 and Rs 3303.75, respectively, in the session so far. The stock of Apollo Hospitals Enterprise Ltd. quoted a 52-week high of Rs 3432.9 and a 52-week low of Rs 1308.1.

As per BSE, the total market cap of the Apollo Hospitals Enterprise Ltd. stood at Rs 47517.23 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 2765.34 crore for the quarter ended 31-Dec-2020, down 0.24 per cent from previous quarter's Rs 2772.04 crore and down 5.34 per cent from the year-ago quarter's Rs 2921.4 crore.

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

Shareholding pattern
As of 31-Mar-2021, DIIs held 5.91 per cent stake in the firm, while foreign institutional investors held 54.51 per cent and the promoters 29.82 per cent.


Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 235.35 and a price-to-book ratio of 4.74. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.