Share price of Apollo Hospital falls as Nifty weakens

Synopsis

A total of 2,291 shares changed hands on the counter till 12:46PM (IST).

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Retail and banking stocks rose 0.5 per cent and 0.7 per cent, respectively.
Shares of Apollo Hospitals Enterprise Ltd. slipped 0.97 per cent to Rs 4372.65 in Wednesday's trade as of 12:46PM (IST).

The stock hit a high price of Rs 4434.35 and low of Rs 4360.35 during the session.

The return on equity (ROE) for the stock stood at 18.77 per cent. Traded volume on the counter stood at 12:46PM shares and turnover at Rs 1.0 crore around that time.

The stock of Apollo Hospitals Enterprise Ltd. quoted a 52-week high and 52-week low prices of Rs 5015.45 and Rs 3365.9, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.91.

Promotor/FII Holding
Promoters held 29.33 per cent stake in the company as of 31-Dec-2022, while foreign investors held 47.94 per cent and domestic institutional investors had 16.47 per cent.

Key Financials
The company reported consolidated sales of Rs 4298.94 crore for the quarter ended 31-Dec-2022, up 0.59 per cent from previous quarter's Rs 4273.64 crore and up 17.58 per cent from the year-ago quarter's Rs 3656.08 crore.

Net profit after tax for the latest quarter stood at Rs 153.46 crore, down 32.8 per cent from the same quarter a year ago.
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