Apollo Hospitals, M&M Financial edge higher on inclusion in F&O segment

Shares of Apollo Hospitals Enterprise and Mahindra & Mahindra Financial Services were up 1.31% to 4.8% at 13:11 IST on BSE as these two stocks have been included by NSE for trading in its futures & options segment starting today, 27 December 2013..

Apollo Hospitals Enterprise (up 4.8% at Rs 926) and Mahindra & Mahindra Financial Services (up 1.31% at Rs 321.50) edged higher.

Meanwhile, the S&P BSE Sensex was up 132.84 points or 0.63% at 21,207.43.

Apollo Hospitals Enterprise had outperformed the market over the past one month till 26 December 2013, advancing 4.57% compared with the Sensex's 3.18% rise. The scrip had, however, underperformed the market in past one quarter, declining 5.7% as against Sensex's 5.94% rise.

Mahindra & Mahindra Financial Services (MMFSL) had underperformed the market over the past one month till 26 December 2013, advancing 2.5% compared with the Sensex's 3.18% rise. The scrip had, however, outperformed the market in past one quarter, surging 21.61% as against Sensex's 5.94% rise.

The lot size of Apollo Hospitals Enterprise in the futures & options (F&O) segment has been set at 250, whereas the lot size of Mahindra & Mahindra Financial Services has been fixed at 1,000.

MMFSL's consolidated net profit rose 20.8% to Rs 232.50 crore on 32.3% growth in total income to Rs 1290.68 crore in Q2 September 2013 over Q2 September 2012.

Mahindra & Mahindra Financial Services, part of the $16.2 billion Mahindra Group, is one of India's leading non-banking finance companies (NBFC) with a pan India presence. Focused on the rural and semi-urban sector, it provides finance for vehicles and tractors and has the largest network of branches amongst NBFCs operating in these areas.

Apollo Hospitals Enterprise's net profit rose 4.5% to Rs 87 crore on 16.6% growth in net sales to Rs 975.07 crore in Q2 September 2013 over Q2 September 2012.

Apollo Hospitals is one of Asia's largest healthcare groups with over 8,500 beds across 50 hospitals, and has significant presence at every touch-point of the medical value chain.

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