Saturday, March 21, 2009
SENSEX - APOLLO HOSPITAL
This is the time to watch the shares of Apollo Hospital. 52 week high is Rs.550/- and low is Rs.345/-. There cannot be any recession for the health care industry. So the economic slowdown will not affect this company. The company is also paying dividend continuously. When compared to its competitors its equity is less and the revenue and net worth are quite high. They have fewer debts. They have branches in all the Indian metros. The excellent team of doctors are available in case of any difficult situation. The hospital has got its own brand name, which commands a premium in this segment. Book value as per their March 2008 balance sheet is around Rs.210/- One can acquire the shares of this company around Rs.350/- and hold for medium term to book profit of about 30%.
Labels:
economy
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