Apollo Hospital stock price: Apollo Hospital shares gain 0.08% as Sensex rises

Shares of Apollo Hospitals Enterprise Ltd. traded up 0.08% to Rs 4488.05 at 2:10 PM (IST) on Monday, even as the benchmark BSE Sensex gained 896.38 points to 58096.61.

The stock had closed at Rs 4484.45 in the previous session. The stock quoted a 52-week high of Rs 5930.7 and a 52-week low of Rs 2530.75, respectively. According to BSE data, the total trading volume on the counter till 2:10 PM (IST) stood at 43,783 shares with a turnover of Rs 19.44 crore.

At the current price, the stock traded at 62.27 times its 12-month earnings per share of Rs 72.01 per share and 9.07 times its price-to-book ratio, according to exchange data.

A higher P/E ratio shows that investors are willing to pay a higher price today due to growth expectations in the future.

The price-to-book ratio indicates the inherent value of a company and reflects the price investors are willing to pay even if the company does not grow. The stock’s beta, which measures its volatility relative to the broader market, was 0.91.

Shareholding details

The promoters held 29.33% of the company’s capital as of December 31, 2021, while the FIIs held 52.41% and the DIIs 6.64%.

Techniques

On the technical charts, the relative strength index (RSI) of the stock stands at 37.76. The RSI oscillates between zero and 100. Traditionally, it is considered an overbought condition when the RSI value is above 70 and an oversold condition when it is below 30. Chartists say that the RSI should not be considered in isolation, as it may not be enough to take a trade call, just as fundamental analysts cannot give a “buy” or “sell” recommendation using a single valuation ratio.

Eleanor C. William