Apollo Hospitals Enterprise shines on acquiring hospital asset in Gurugram
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Apollo Hospitals Enterprise is currently trading at Rs. 4583.75, up by 155.15 points or 3.50% from its previous closing of Rs. 4428.60 on the BSE.
The scrip opened at Rs. 4415.00 and has touched a high and low of Rs. 4625.00 and Rs. 4400.00 respectively. So far 39700 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 5930.70 on 26-Nov-2021 and a 52 week low of Rs. 3365.90 on 26-May-2022.
Last one week high and low of the scrip stood at Rs. 4625.00 and Rs. 4282.25 respectively. The current market cap of the company is Rs. 65952.58 crore.
The promoters holding in the company stood at 29.33%, while Institutions and Non-Institutions held 64.35% and 6.32% respectively.
Apollo Hospitals Enterprise has acquired a hospital asset in Gurugram from Nayati Healthcare and Research NCR for around Rs 450 crore. The acquired complex is situated on a hospital-zoned land with a potential of 650 beds spread over 7 lakh square feet.
It will be developed into an integrated healthcare complex and would be commissioned in a span of 24 months. The transaction has been carried out through the company's wholly-owned arm Apollo Hospitals North and funded using available surplus funds with the group.
Apollo Hospitals Enterprise owns and operates chain of multi-specialty hospitals. It offers the services in the area of cardiology, cardiothoracic, orthopedics and joint replacement, spine surgery, oncology, etc.
