Apollo Hospitals Enterprise Ltd.

BSE: 508869 | NSE: APOLLOHOSP
Large Cap | Hospital & Healthcare Services
6952.55
-175.65 (-2.46%)
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Apollo Hospitals firms up on plans of adding 2,000 beds over next two financial years

Date: 22-01-2015

Apollo Hospitals Enterprise is currently trading at Rs. 1235.85, up by 16.10 points or 1.32 % from its previous closing of Rs. 1219.75 on the BSE.

The scrip opened at Rs. 1230.00 and has touched a high and low of Rs. 1244.00 and Rs. 1225.40 respectively. So far 4048 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1242.75 on 20-Nov-2014 and a 52 week low of Rs. 852.50 on 11-Mar-2014.

Last one week high and low of the scrip stood at Rs. 1234.95 and Rs. 1140.80 respectively. The current market cap of the company is Rs. 17181.96 crore.

The promoters holding in the company stood at 34.35 % while Institutions and Non-Institutions held 45.88 % and 19.03 % respectively.

Apollo Hospitals Enterprise is reportedly planning to add another 2,000 beds over the next two financial years, at a cost of around Rs 1,500 crore. Moreover, the company is looking at various avenues to fund the expansion, it is seriously considering the private equity (PE) route to raise money.

As of September 2014, the company has 54 hospitals with 9,091 beds. It also runs one of the largest pharmacy retail chains (1,717 stores).

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.