Apollo Hospitals Enterprise Ltd.

Apollo Hospitals Enterprise is currently trading at Rs. 1190.10, up by 29.20 points or 2.52% from its previous closing of Rs. 1160.90 on the BSE.

The scrip opened at Rs. 1161.00 and has touched a high and low of Rs. 1192.70 and Rs. 1161.00 respectively. So far 7112 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. 1205.00 and Rs. 1148.50 respectively. The current market cap of the company is Rs. 16530.16 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 is planning to open 12 hospitals. In this regard, the company will invest Rs 2,032.7 crore in the next three years. As per the plan, the company will add 2,175 beds over the next three years.

Most of the hospitals will be super-speciality facilities, while one of them will be multi-speciality and another a reach hospital.

The healthcare provider is following cluster strategy for expansion to ensure dominance in cities like Chennai and widen the reach in locations such as Bangalore. It is undertaking greenfield projects in attractive newer markets.

Apollo Hospitals is the leading private sector healthcare provider in Asia and owns and manages a network of speciality hospitals and clinics, a chain of Pharmacy retail outlets across the country, and provides Consultancy Services for commissioning and managing the Speciality Hospitals.