Share price of Apollo Hospital falls as Sensex gains 352.51 points

Share price of Apollo Hospital falls as Sensex gains 352.51 points
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

Promoters held 29.82 per cent stake in the company as of 30-Sep-2021, while FII and DII ownership stood at 51.54 per cent and 7.25 per cent, respectively.

Getty Images
Nagaraj Shetti, Technical Research Analyst at HDFC Securities, believes Monday's pattern could be considered as a High Wave, which reflects high volatility in the market at swing highs.
The share price of Apollo Hospitals Enterprise Ltd. dropped 0.68 per cent to Rs 4955.0 at 01:34PM (IST) in Tuesday's trade. The scrip has hit a high of Rs 5020.0 and low of Rs 4922.8 so far during the session. The stock had closed at Rs 4988.9 in the previous session.

The counter has had a total traded volume of 10268 shares so far with a value of Rs 5.09 crore on the NSE. It traded at a price-to-earnings multiple of 68.78 and a price-to-book ratio of 9.07.

A higher P/E ratio shows 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 reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 105.62 per cent during the past one year, while the 30-share index advanced 30.7 per cent during the same period.

Apollo Hospitals Enterprise Ltd. belongs to the Hospital industry.

Promotor/FII Holding
Promoters held 29.82 per cent stake in the company as of 30-Sep-2021, while overseas investors and domestic institutional investors ownership stood at 51.54 per cent and 7.25 per cent, respectively.

Key Financials
The company reported consolidated sales of Rs 3722.7 crore for the quarter ended 30-Sep-2021, down 1.64 per cent from the previous quarter's Rs 3784.85 crore and down 34.29 per cent from the year-ago quarter's Rs 2772.04 crore.

Profit for the latest quarter stood at Rs 247.82 crore, up 311.11 per cent from the same quarter a year ago.

Pick the best companies to invest

BECOME AN ETPRIME MEMBER

Read More News on

(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.

...more
Pick the best stocks for yourself
Powered by