Apollo Hospitals Enterprise Ltd.

Apollo Hospitals Enterprise is currently trading at Rs. 578.00, up by 16.65 points or 2.97% from its previous closing of Rs. 561.35 on the BSE.

The scrip opened at Rs. 569.40 and has touched a high and low of Rs. 585.00 and Rs. 565.00 respectively. So far 11637 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. 585.00 and Rs. 556.05 respectively. The current market cap of the company is Rs. 7778.89 crore.

The promoters holding in the company stood at 33.10% while Institutions and Non-Institutions held 34.44% and 31.15% respectively. 

Apollo Hospitals Enterprise, the country’s healthcare major, is planning to set up a second hospital at the port city of Chittagong, in Bangladesh, through a local partner. The 300-bed project is expected to be on stream in two years. Bangladesh is a major consumer of healthcare facilities in India, especially in Kolkata.

Country’s healthcare major is also in discussion with the Bangladesh government to offer “expert medical opinion” through a network of Union Parishad or Panchayat-level multi-purpose tele-centres in the neighboring country.

The company earlier reported that it is likely to invest around Rs 720 crore for adding 1,000 beds by the end of next fiscal. The company for this already raised the amount by share sale to qualified institutional buyers and through debt and internal accruals.