Apollo Hospitals edges up after Q4 earnings

Apollo Hospitals Enterprise rose 0.32% to Rs 923.10 at 15:15 IST on BSE after net profit rose 7.7% to Rs 81.34 crore on 17.86% growth in total income to Rs 1005.21 crore in Q4 March 2014 over Q4 March 2013.

The Q4 result was announced during market hours today, 28 May 2014.

Meanwhile, the S&P BSE Sensex was down 5.33 points or 0.02% at 24,544.18.

On BSE, so far 21,000 shares were traded in the counter as against average daily volume of 15,284 shares in the past on quarter.

The stock was volatile. The stock rose as much as 1.49% at the day's high of Rs 933.90 so far during the day. The stock lost as much as 1.23% at the day's low of Rs 908.75 so far during the day. The stock hit a 52-week high of Rs 1052 on 1 July 2013. The stock hit a 52-week low of Rs 802 on 20 August 2013.

The stock had underperformed the market over the past one month till 27 May 2014, advancing 2.86% compared with the Sensex's 8.2% rise. The scrip had also underperformed the market in past one quarter, gaining 1.17% as against Sensex's 16.97% rise.

The large-cap company has equity capital of Rs 69.56 crore. Face value per share is Rs 5.

Apollo Hospitals Enterprise's net profit rose 6.98% to Rs 330.72 crore on 15.98% growth in total income to Rs 3884.09 crore in the year ended 31 March 2014 (FY 2014) over the year ended 31 March 2013 (FY 2013).

On consolidated basis, Apollo Hospitals Enterprise's net profit rose 4.07% to Rs 316.75 crore on 15.97% growth in total income to Rs 4405.69 crore in FY 2014 over FY 2013.

Apollo Hospitals is one of Asia's largest healthcare groups.

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