Don’t miss the latest developments in business and finance.

Apollo Hospitals drops on profit booking after good results

Image
Capital Market
Last Updated : May 20 2013 | 3:30 PM IST

The result was announced during trading hours today, 20 May 2013.

Meanwhile, the BSE Sensex was down 43.97 points, or 0.22%, to 20,242.15.

On BSE, 87,039 shares were traded in the counter as against an average daily volume of 1.42 lakh shares in the past one quarter.

The stock hit a high of Rs 1,073.25 and a low of Rs 992.10 so far during the day. The stock had hit a record high of Rs 1,096.15 on Friday, 17 May 2013. The stock had hit a 52-week low of Rs 605.25 on 28 June 2012.

The stock had outperformed the market over the past one month till 17 May 2013, rising 29.28% compared with the Sensex's 8.30% rise. The stock also outperformed the market in past one quarter, advancing 29.17% as against Sensex's 4.20% rise.

The large-cap healthcare company has an equity capital of Rs 69.56 crore. Face value per share is Rs 5.

More From This Section

Shares of Apollo Hospitals Enterprise have been on a roll recently, surging 18.76% in four trading days to Rs 1,067.75 on 17 May 2013 from a recent low of Rs 899.10 on 13 May 2013. The rally was triggered ahead of the stock's inclusion in MSCI India index with effect from close of 31 May 2013.

Apollo Hospitals Enterprise reported 27.31% rise in net profit to Rs 75.52 crore on 13.56% increase in total income to Rs 852.85 crore in Q4 March 2013 over Q4 March 2012.

Apollo Hospitals Enterprise's reported 33.82% rise in net profit to Rs 309.12 crore on 18.42% increase in total income to Rs 3348.82 crore in the year ended 31 March 2013 over the year ended 31 March 2012.

On a consolidated basis, Apollo Hospitals Enterprise's reported 38.75% rise in net profit to Rs 304.35 crore on 19.71% increase in total income to Rs 3798.88 crore in the year ended 31 March 2013 over the year ended 31 March 2012.

Apollo Hospitals Enterprise's board of directors at its meeting held today, 20 May 2013, recommended a dividend of Rs 5.50 per share for the year ended 31 March 2013.

Apollo Hospitals is one of Asia's largest healthcare groups with over 8500 beds across 50 hospitals, and a significant presence at every touch-point of the medical value chain.

Powered by Capital Market - Live News

Also Read

First Published: May 20 2013 | 3:14 PM IST

Next Story