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Wednesday, Nov 29, 2006
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Apollo Hospitals turns active

Apollo Hospitals shares are under watch due to series of major initiatives being taken up by the company. The recent ones include an agreement worked out with a European health insurance outfit and a proposal to revisit its exposure to a Lankan venture.

Apollo Hospitals, sources note, is one of the very few listed health companies in the country. The share of the company declined by 2.1 per cent on the NSE to close at Rs 451.95. Trading volumes, market circles say, are not too high at the moment; a little over 30,000 shares made up the total traded quantity on Tuesday. The stock's 52-week high and low stand at Rs 592 and Rs 340.25, respectively.

Nilanjan Dey

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