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Buy Apollo Hospital; target Rs 845: Firstcall
Firstcall research is bullish on Apollo Hospitals and has recommended buy rating on the stock with target of Rs 845 in its June 01, 2010 research report.
Firstcall research is bullish on Apollo Hospitals and has recommended buy rating on the stock with target of Rs 845 in its June 01, 2010 research report.
"Apollo Hospitals Enterprise Ltd reported a marginal rise in standalone net profit for the quarter ended March 2010. During the quarter, the profit of the company increased 0.21% to Rs 292.00 million from Rs 291.40 million in the same quarter previous year. Net sales for the quarter increased 23.48% to Rs 4829.90 million, while total income for the quarter increased 23.16% to Rs 4884.50 million, when compared with the prior year period. Company posted earnings of Rs 4.73 a share during the quarter, registering 2.29% decline over prior year period."
"During the quarter Apollo Hospitals tie up with IT giant Cisco for providing Telemedicine services in the country," says firstcall research in its research report.
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