Apollo Hospitals Enterprise Ltd.

BSE: 508869 | NSE: APOLLOHOSP
Large Cap | Hospital & Healthcare Services
6925.00
7.70 (0.11%)
< Home < Back

Apollo Hospitals soars on plan to expand presence in Indian sub-continent

Date: 05-01-2012

Apollo Hospitals Enterprise is currently trading at Rs 585.00, up by 18.10 points or 3.19% from its previous closing of Rs 566.90 on the BSE.

The scrip opened at Rs 570.00 and has touched a high and low of Rs 589.00 and Rs 566.00 respectively. So far 47634 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 716.90 on 05-Dec-2011 and a 52 week low of Rs 432.30 on 24-Jun-2011.

Last one week high and low of the scrip stood at Rs 589.00 and Rs 547.70 respectively. The current market cap of the company is Rs 7705.28 crore.

The promoters holding in the company stood at 31.53% while Institutions and Non-Institutions held 38.03% and 28.92% respectively.

In a bid to expand its presence in Indian sub-continent, West Asia and Africa, Apollo Hospitals Enterprise is in talks with Singapore-based hospital operator -- Parkway Holdings -- on a prospective tie-up. However, the company declined to elaborate further on the tie-up, and expecting the deal to be concluded in the next few weeks.

Earlier in July, 2010, Malaysian sovereign wealth fund Khazanah Nasional bought Parkway, for $2.56 billion and paid Rs 470 crore for a minority stake in Apollo Hospitals.