The company made the disclosure at the fag end of the trading session on Monday, 26 December 2011. Shares of Apollo Hospitals jumped 5.24% to Rs 593.75 on BSE that day.
Meanwhile, the BSE Sensex was up 20.16 points, or 0.13%, to 15,990.91.
On BSE, 1.57 lakh shares were traded in the counter as against an average daily volume of 1.46 lakh shares in the past one quarter.
The stock hit a high of Rs 618.85 and a low of Rs 598 so far during the day. The stock had hit a record high of Rs 716.90 on 5 December 2011. The stock had hit a 52-week low of Rs 432.30 on 24 June 2011.
The stock had underperformed the market over the past one month until 26 December 2011, falling 3.98% compared with the Sensex`s 1.75% rise. The scrip had, however, outperformed the market in past one quarter, gaining 16.75% as against 0.50% fall in the Sensex.
The large-cap healthcare chain has an equity capital of Rs 67.23 crore. Face value per share is Rs 5.
Apollo Hospitals Enterprise said 40.93 lakh global depositary receipts (GDRs) have been converted into equal amount of equity shares comprising of 3.04% of total paid up capital of the company. The allotment was made on 22 December 2011.
Post conversion, Integrated (Mauritius) Healthcare Holdings now holds 1.50 crore shares, or 11.22% stake in the company.
According to reports, Integrated (Mauritius) Healthcare Holdings is an arm of Malaysian sovereign fund Khazanah Nasional Bhd.
Net profit of Apollo Hospitals Enterprise rose 12.53% to Rs 55.76 crore on 19.33% rise in net sales to Rs 699.75 crore in Q2 September 2011 over Q2 September 2010.
Apollo Hospitals Enterprise is one of Asia`s largest healthcare groups, with over 8,500 beds across 54 hospitals.
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