Shares of healthcare provider gained 8.58% in two trading sessions from its previous closing low of Rs 1789.95 on 22 September 2020. The counter hit a record high of Rs 1974 in intraday today. The stock is up 85.56% from its 52-week low of Rs 1047.4 hit on 31 March 2020.

Meanwhile, the S&P BSE Sensex was down 1126.57 points or 2.99% at 36,541.85 while Nifty 50 slumped 329.45 points or 2.96% at 10,802.40.

On the technical front, Apollo Hospital's RSI (relative strength index) stood at 75.325. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

The stock is trading above its 50 and 100 days simple moving average placed at 1668 and 1513.81 respectively. These levels will act as crucial support zones in near term.

Apollo Hospitals Enterprise posted a consolidated net loss of Rs 226.24 crore in Q1 June 2020 compared with net profit of Rs 49.15 crore in Q1 June 2019. Consolidated net sales fell 15.6% to Rs 2,171.50 crore in Q1 June 2020 over Q1 June 2019.

Apollo Hospitals Enterprise is a private sector healthcare provider. It owns and operates hospitals across the country.

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Shares of the private sector healthcare provider have surged 15.14% in eight days from its recent closing low of Rs 1606.05 on 9 September 2020.

The stock hit a record high of Rs 1,899.35 in intraday trade today. Apollo Hospitals is up 76.54% from its 52-week low of Rs 1047.45 posted on 31 March 2020.

On the technical front, the stock's RSI (relative strength index) stood at 68.593. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.

The stock is trading above its 50 and 100 days simple moving average placed at 1708.72 and 1682.96 respectively. These levels will act as crucial support zones in near term.

Apollo Hospitals Enterprise posted a consolidated net loss of Rs 226.24 crore in Q1 June 2020 compared with net profit of Rs 49.15 crore in Q1 June 2019. Consolidated net sales fell 15.6% to Rs 2,171.50 crore in Q1 June 2020 over Q1 June 2019.

Apollo Hospitals Enterprise is a private sector healthcare provider. It owns and operates hospitals across the country.

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Net loss of Apollo Hospitals Enterprise reported to Rs 208.19 crore in the quarter ended June 2020 as against net profit of Rs 57.20 crore during the previous quarter ended June 2019. Sales declined 15.57% to Rs 2171.50 crore in the quarter ended June 2020 as against Rs 2571.89 crore during the previous quarter ended June 2019.

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Apollo Hospitals Enterprise will hold a meeting of the Board of Directors of the Company on 14 September 2020.

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