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Apollo Hospitals moves up on 53% rise in net

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BS Reporter Mumbai
Last Updated : Jan 20 2013 | 12:00 AM IST

The stock surged 4% to touch a high of Rs 582. However it started slipping in late noon trades and hit a low of Rs 555 - down 4.5% from its high.

The stock finally ended with a 1% gain at Rs 565. It has added 10% in the past week itself.

The counter witnessed trimming of volumes at 5,276 shares traded, as against its two-week daily trade average of 8,425 shares on the BSE.
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(Updated at 1056 hrs)

Apollo Hospitals has gained nearly 2% at Rs 570, on the back of 53% rise in net profit for the first quarter ended June, 2009.

The stock has touched a high of Rs 581 after opening at Rs 564. Around 2100 shares have changed hands on the BSE so far as against its two-week average traded quantity of 8425 shares.

The net profit of the company rose to  Rs 44.8 crore from Rs 29.27 crore for the same quarter last year.
Total Income increased to Rs 420.6 crore for the quarter from Rs 332.94 crore a year ago, an increase of 26 per cent.

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First Published: Jul 21 2009 | 4:06 PM IST

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