Apollo Hospital Share Price: Apollo Hospital shares rise 0.48 per cent in Monday’s trading session

Shares of Apollo Hospitals Enterprise Ltd. rose 0.48 per cent to Rs 3327.85 in Monday’s trade as of 01:34PM (IST) even as the benchmark Nifty ruled at 14940.70, up 117.55 points.

The scrip had closed at Rs 3311.85 in the previous session. The stock quoted a 52-week low of Rs 1253.25 and a high of Rs 3396.0. The company quoted a market-cap of Rs 47727.16 crore on the BSE.

On BSE, 22,331 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 236.39 times its trailing 12-month EPS of Rs 14.04 per share and 4.74 times its book value. The return on equity (ROE) stood at Rs 13.63.

Key Financials

For the quarter ended 31-Dec-2020, Apollo Hospitals Enterprise Ltd. reported consolidated sales of Rs 2765.34 crore, down 5.34 per cent from the same quarter a year ago. The company reported 41.58 per cent YoY growth in net profit at Rs 130.45 crore for the latest quarter.

Technical indicators

The relative strength index (RSI) of the stock stood at Monday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.

Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a “buy” or “sell” recommendation using a single valuation ratio.