Shares of Apollo Hospital fall as Nifty gains

Shares of . slipped 0.28 per cent to Rs 4799.0 in Friday's trade as of 10:47AM (IST). It hit a high of Rs 4884.9 and low of Rs 4756.4 during the session.

The stock quoted a 52-week high price of Rs 5930.7 and a low of Rs 3365.9. The return on equity for the stock stood at 18.77 per cent. About 20,464 shares have changed hands on the counter so far.

The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.91.

The scrip has been an underperformer, down 16.05 per cent in the past one year in comparison with a 6.52 per cent gain in Sensex.

Technicals
On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 3365.9 on November 25, while the 50-DMA was at Rs 4416.57. If a stock trades well above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Promoter/FII Holding
Promoters held 29.33 per cent stake in Apollo Hospitals Enterprise Ltd. as of 30-Sep-2022. Mutual funds and foreign institutional investors held 8.82 per cent and 0.0 per cent stake.