The Economic Times
English Edition
| E-Paper
Search
+

    Apollo Hospital shares up 0.61% as Nifty gains

    Synopsis

    A total of 3,069 shares changed hands on the counter till 11:22AM (IST).

    Reuters
    On an immediate basis, 15,770/52,500 and 15,850/52,700 levels would be major hurdles.
    NEW DELHI: Shares of Apollo Hospitals Enterprise Ltd. traded 0.61 per cent up in Wednesday's trade at 11:22AM (IST). Around 3,069 shares changed hands on the counter.

    The counter opened at Rs 4095.0 and touched an intraday high and low of Rs 4125.0 and Rs 4082.55, respectively, in the session so far. The stock of Apollo Hospitals Enterprise Ltd. quoted a 52-week high of Rs 4229.5 and a 52-week low of Rs 1567.2.

    As per BSE, the total market cap of the Apollo Hospitals Enterprise Ltd. stood at Rs 59132.88 crore at the time of writing this report.

    Key Financials
    The company reported consolidated sales of Rs 2888.4 crore for the quarter ended 31-Mar-2021, up 4.45 per cent from previous quarter's Rs 2765.34 crore and up 1.3 per cent from the year-ago quarter's Rs 2926.38 crore.

    The net profit for latest quarter stood at Rs 167.86 crore, down 23.48 per cent from the corresponding quarter last year.

    Shareholding pattern
    As of 30-Jun-2021, DIIs held 6.57 per cent stake in the firm, while foreign institutional investors held 53.23 per cent and the promoters 29.82 per cent.


    Valuation ratio
    According to BSE data, the stock traded at a P/E multiple of 393.17 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.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    The Economic Times

    Stories you might be interested in