Apollo Hospitals slides after reporting marginal rise in profitability in Q2

Apollo Hospitals Enterprise lost 3.16% to Rs 1,264.85 at 15:16 IST on BSE after net profit rose 2.72% to Rs 91.99 crore on 16.5% growth in total income to Rs 1643.54 crore in Q2 September 2016 over Q2 September 2015.

The result was announced during market hours today, 11 November 2016.

Meanwhile, the S&P BSE Sensex was down 723.39 points or 2.63% at 26,794.29.

On BSE, so far 20,000 shares were traded in the counter as against average daily volume of 12,000 shares in the past two weeks. The stock hit a high of Rs 1,315 and a low of Rs 1,261.80 so far during the day. The stock had hit a 52-week low of Rs 1,212 on 9 November 2016. The stock had hit a record high of Rs 1,544 on 2 March 2016.

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

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

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