SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Apollo Hospitals strengthens on plan to acquire pharmacy business of Hetero

17 Sep 2014 Evaluate

Apollo Hospitals Enterprise is currently trading at Rs. 1120.00, up by 12.35 points or 1.11% from its previous closing of Rs. 1107.65 on the BSE.

The scrip opened at Rs. 1127.30 and has touched a high and low of Rs. 1139.70 and Rs. 1111.75 respectively. So far 10502 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1219.55 on 27-Aug-2014 and a 52 week low of Rs. 817.00 on 19-Dec-2013.

Last one week high and low of the scrip stood at Rs. 1213.90 and Rs. 1096.15 respectively. The current market cap of the company is Rs. 15679.41 crore.

The promoters holding in the company stood at 34.35% while Institutions and Non-Institutions held 45.57% and 19.34% respectively.

Apollo Hospitals Enterprise has entered into a Memorandum of Understanding (MoU) with Hetero Med Solutions (HMSL) for acquisition of its retail pharmacy stores currently operated in states of Telengana, Andhra Pradesh and Tamil Nadu.

The acquisition would be in the form of purchase of the business undertaking, on a slump sale basis and comprises of 320 pharmacy stores, at an overall consideration not exceeding Rs 146 crore. The transaction would be subject to completion of due diligence and other statutory formalities.

This acquisition will further strengthen Apollo Pharmacy’s leadership position in the industry. The addition of 320 stores are in existing core geographies where Apollo Pharmacy has a strong market presence and further consolidate its presence as a significant player in this region.

Apollo Pharmacy plans to leverage its existing backend infrastructure to drive economies of scale, thereby accelerating profitability for these stores. This will also create an opportunity to increase the sales of Apollo private label products.

 

Apollo Hospital Ent. Share Price

7699.05 143.10 (1.89%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×