Apollo Hospital shares down 0.44% as Nifty gains

NEW DELHI: Shares of Apollo Hospitals Enterprise Ltd. traded 0.44 per cent down in Tuesday's trade at 01:43PM (IST). Around 4,767 shares changed hands on the counter.

The scrip opened at Rs 4572.05 and touched an intraday high and low of Rs 4615.7 and Rs 4531.4, respectively, in the session so far. Shares of the company of Apollo Hospitals Enterprise Ltd. quoted a 52-week high of Rs 4900.0 and a 52-week low of Rs 3365.9.

Total market cap of the Apollo Hospitals Enterprise Ltd. stood at Rs 65968.4 crore at the time of writing this report.

Key Financials
The company reported consolidated net 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.

The net profit for latest quarter stood at Rs 153.46 crore, down 32.8 per cent from the corresponding quarter last year.

Shareholding pattern
As of 31-Mar-2023, domestic institutional investors held 11.37 per cent stake in the company, while foreign institutional investors held 46.96 per cent and the promoters 29.33 per cent.


Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 86.27 and a price-to-book ratio of 11.55. 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.