The healthcare provider extended Wednesday's gains triggered by strong Q1 results.
Apollo Hospitals Enterprise was up 6.35% to Rs 1,444.55. On a consolidated basis, the company's consolidated net profit rose 68.5% to Rs 57.2 crore on 16.4% increase in net sales to Rs 2,571.89 crore in Q1 June 2019 compared with Q1 June 2018.
The result was announced after trading hours on Tuesday, 13 August 2019. Following the results, shares of Apollo Hospitals Enterprise jumped 2.75% to end at Rs 1358.30 on Wednesday, 14 August 2019.
The scrip has risen 9.27% in two trading sessions to its current market price of Rs 1,444.55, from a recent closing low of Rs 1,322 on Tuesday, 13 August 2019.
Meanwhile, the S&P BSE Sensex was up 3.61 points, or 0.01% to 37,315.14.
On the BSE, 1.21 lakh shares were traded in the counter so far compared with average daily volumes of 48,000 shares in the past two weeks. The stock had hit a high of Rs 1,451.25, which is also 52-week high for the counter. It hit a low of Rs 1,362.25 so far during the day. The stock hit a 52-week low of Rs 997.50 on 21 September 2018.
Apollo Hospitals Enterprise is engaged in offering healthcare services and operating standalone pharmacies. The company's segments include healthcare, pharmacy and others.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app