Apollo Hospitals strikes yearly high after robust result

Shares of Apollo Hospitals Enterprise hit a 52-week high of Rs 1,444 today boosted by strong Q1 June 2019 result announced by the company after trading hours yesterday, 13 August 2019.

The stock was currently up 4.74% to Rs 1,384.65. It gyrated in a range of Rs 1,372 and Rs 1,444 so far during the day. It had hit a 52-week low of Rs 997.50 on 21 September 2018. The scrip saw volume of 1.24 lakh shares so far, compared with average daily volumes of 35,000 shares in the past two weeks.

Meanwhile, the S&P BSE Sensex was up 465 points or 1.26% to 37,423.15.

Apollo Hospitals Enterprise reported 68.5% surge in consolidated net profit to Rs 57.20 crore on a 16.4% rise in the net sales to Rs 2571.89 crore in Q1 June 2019 over Q1 June 2018.

Apollo Hospitals Enterprise is a leading private sector healthcare provider in Asia. It has a robust presence across the healthcare ecosystem, including Hospitals, Pharmacies, Primary Care & Diagnostic Clinics.

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