Apollo Hospital shares down 0.24% as Nifty gains

Shares of Apollo Hospitals Enterprise Ltd. rose 0.24 per cent to Rs 4400.15 in Thursday's trade. It hit an intraday high of Rs 4417.5 and low of Rs 4368.0, respectively, during the day.

The stock quoted a 52-week high price of Rs 4900.0 and low of Rs 3365.9.

As of 01:54PM (IST), the counter saw total traded volume of 6,633 shares with a traded value of Rs 2.91 crore, according to NSE.

The stock had closed at Rs 4410.95 in the previous session.

The scrip has advanced 1.85 per cent in the past one month till date, while the benchmark BSE Sensex has gained 5.17 per cent during the same period.

According to exchange data, the stock traded at a price-to-earnings (P/E) multiple of 82.86 while price-to-book ratio stood at 11.55. A higher P/E ratio shows that 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 it reflects the price investors are ready to pay even for no growth in a business.

The stock belongs to the Hospital industry.

Promoter/FII Holding
Promoters held 29.33 per cent stake in the company as of 31-Mar-2023, while FII and MF ownership in the firm stood at 46.96 per cent and 11.37 per cent, respectively.

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 the previous quarter's Rs 4273.64 crore and up 17.58 per cent from the year-ago quarter's Rs 3656.08 crore. Its net profit for the latest quarter stood at Rs 153.46 crore, down 32.8 per cent from the same quarter a year ago.