Thursday 20 November 2014

Apollo Hospitals rises on buzz of inking pact with Fiji National University

Apollo Hospitals Enterprise is currently trading at Rs 1237.35, up by 30.35 points or 2.51% from its previous closing of Rs 1207.00 on the BSE.
The scrip opened at Rs 1205.00 and has touched a high and low of Rs 1242.75 and Rs 1205.00 respectively. So far 16903 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs. 1219.55 on 27-Aug-2014 and a 52 week low of Rs. 817.00 on 19-Dec-2013.
Last one week high and low of the scrip stood at Rs. 1215.80 and Rs. 1091.00 respectively. The current market cap of the company is Rs. 17220.22 crore.
The promoters holding in the company stood at 34.35% while Institutions and Non-Institutions held 45.79% and 19.11% respectively.
Apollo Hospitals Enterprise has reportedly entered into agreement with Fiji National University for healthcare collaboration. The agreement is for developing healthcare infrastructure in Fiji and providing better access to high quality care for the people of Fiji using telemedicine facilities. It also facilitates patients to be referred to Apollo Hospitals for serious ailments.
A clinic with outpatient specialist consultation services, diabetes management services and diagnostic facility will be established under the agreement.
Apollo Hospitals is the leading private sector healthcare provider in Asia and owns and manages a network of speciality hospitals and clinics, a chain of Pharmacy retail outlets across the country, and provides Consultancy Services for commissioning and managing the Speciality Hospitals.

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