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    Apollo Hospital shares down 0.27% as Nifty drops

    Synopsis

    A total of 37,479 shares changed hands on the counter till 01:26PM (IST).

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    India is hardly immune to the global trend of sliding fees and trading commissions.
    NEW DELHI: Shares of Apollo Hospitals Enterprise Ltd. traded 0.27 per cent down in Wednesday's trade at 01:26PM (IST). Around 37,479 shares changed hands on the counter.

    The scrip opened at Rs 3297.95 and touched an intraday high and low of Rs 3297.95 and Rs 3213.7, respectively, in the session so far. Shares of the company of Apollo Hospitals Enterprise Ltd. quoted a 52-week high of Rs 3432.9 and a 52-week low of Rs 1311.7.

    Total market cap of the Apollo Hospitals Enterprise Ltd. stood at Rs 46650.93 crore at the time of writing this report.

    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 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 P/E multiple of 231.06 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.
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