Apollo Hopsital asks for 50% rent waiver

The Management of M/s. Dynavision Limited, today, have given concurrence for the waiver of 50% rent for the months of April and May 2020 payable by M/s. Apollo Hospital Enterprise Limited based on their request letter dated 28th July 2020 due to unprecedented financial crisis faced by them owing to COVID-19 Pandemic.

This will have an impact on the revenue of the company to the extent of Rs.50,80,000/- for the financial year 2020-2021.

Shares of APOLLO HOSPITALS ENTERPRISE LTD. was last trading in BSE at Rs.1744.45 as compared to the previous close of Rs. 1694.2. The total number of shares traded during the day was 66338 in over 4597 trades.

The stock hit an intraday high of Rs. 1752.85 and intraday low of 1703.85. The net turnover during the day was Rs. 115266539.

Source : Equity Bulls

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