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    Apollo Hospital shares gain 4.16% as Sensex rises

    Synopsis

    A total of 20,918 shares changed hands on the counter till 10:00AM (IST)

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    India 10-year bond yield fell 0.34 per cent to 6.13 after trading in 6.13-6.16 range.

    INSIGHTS

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    Shares of Apollo Hospitals Enterprise Ltd. traded 4.16 per cent up at Rs 4815.0 at 10:00AM (IST) on Thursday, even as BSE benchmark Sensex gained 99.48 points to 62721.72. The scrip had settled at Rs 4622.8 in the previous session.

    The stock quoted a 52-week high and 52-week low of Rs 4900.0 and Rs 3528.2, respectively.

    As per BSE data, total traded volume on the counter till 10:00AM (IST) stood at 10:00AM shares with turnover at Rs 9.97 crore.

    At the current price, shares of the company trades at 84.42 times its trailing 12-month earnings per share of Rs 56.97 per share and 10.0 times its price-to-book value, BSE data showed.

    A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

    The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.91.

    Shareholding Details
    Promoters held 29.33 per cent stake in the company as of 31-Mar-2023, while FIIs owned 46.96 per cent and DIIs 17.65 per cent.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

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