APOLLO HOSPITALS Plunges by 10%; BSE 500 Index Down 0.7%

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APOLLO HOSPITALS share price has plunged 10% and is presently trading at Rs 1,295.

Meanwhile, the BSE 500 Index is at 14,331 (down 0.7%).

Among the top losers in the BSE 500 Index today is APOLLO HOSPITALS (down 10.2%).

SUN TV (up 8.6%) and RELIANCE CAPITAL (up 5.7%) are among the top gainers today.

Over the last one year, APOLLO HOSPITALS has moved up from Rs 1,133 to Rs 1,295, registering a gain of Rs 162 (up 14.3%)..

The BSE 500 has moved down from 14,753 to 14,331, loss of 422 points (down 2.9%) during the last 12 months.

The top gainers among the BSE 500 Index stocks during this same period were VINATI ORG. (up 86.8%), V-MART RETAIL (up 77.4%) and BATA INDIA (up 67.5%).

What About the Benchmark Indices?

The BSE Sensex is at 36,588 (down 0.5%). The top gainers among the BSE Sensex stocks today are TCS (up 1.0%). The most traded stocks in the BSE Sensex are TATA STEEL and HDFC BANK.

In the meantime, NSE Nifty is at 10,931 (down 0.5%). CIPLA (up 1.3%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 34,413 to 36,588, registering a gain of 2,175 points (up 5.7%).

APOLLO HOSPITALS Financial Update…

APOLLO HOSPITALS net profit stood at Rs 869 million for the quarter ended December 2018, compared to a profit of Rs 674 million a year ago. Net Sales rose 14.4% to Rs 21.7 billion during the period as against Rs 19.0 billion in October-December 2017.

For the year ended March 2018, APOLLO HOSPITALS reported 33.1% decrease in net profit to Rs 593.0 million compared to net profit of Rs 887.0 million during FY17.

Revenue of the company grew 13.6% to Rs 82 billion during FY18.

The current Price to earnings ratio of APOLLO HOSPITALS, based on rolling 12 month earnings, stands at 55.0x. p >

This article (APOLLO HOSPITALS Plunges by 10%; BSE 500 Index Down 0.7%) is authored by Equitymaster.

Equitymaster is a leading ‘independent’ equity research initiative focused on providing well-researched and unbiased opinions on stocks listed on the Bombay Stock Exchange.

Source: equitymaster.com

Post Author: kwiknewz

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