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Posted on Oct 30, 2014 |

Apollo Hospitals soars on entering into partnership with Airtel Nigeria

Apollo Hospitals soars on entering into partnership with Airtel Nigeria

Apollo Hospitals Enterprise is currently trading at Rs. 1108.00, up by 24.25 points or 2.24% from its previous closing of Rs. 1083.75 on the BSE.

The scrip opened at Rs. 1090.00 and has touched a high and low of Rs. 1110.00 and Rs. 1090.00 respectively. So far 3551 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. 1110.00 and Rs. 1029.95 respectively. The current market cap of the company is Rs. 15373.33 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 has entered into partnership with the leading mobile telecommunications provider, Airtel Nigeria, to enhance access to world-class healthcare services to the people of Nigeria. Under the partnership, Ask Apollo would enable video consultation by Airtel Nigeria’s premier customers with Apollo Hospitals doctors in India with a prior appointment. In addition to this service, Apollo Hospitals would also work with Airtel Nigeria on creating health awareness with a particular emphasis on preventive healthcare.

This service offers 10% discount on the consultation fees and has the additional advantage of 5-10% discount on Emirates Airlines flights, if a customer wishes to proceed to India for further medical attention.

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.