Apollo Hospitals up 3.5%, signs MoU with European country

Written By Unknown on Senin, 23 Februari 2015 | 14.02

Apollo Hospitals Enterprises signed an agreement with the Republic of Macedonia to develop healthcare services in the Southeastern European nation.

Moneycontrol Bureau

Investors bought more shares of  Apollo Hospitals Enterprises on Monday. The Chennai-based hospital chain signed an agreement with the Republic of Macedonia to develop healthcare services in the Southeastern European nation. The stock gained 3.5 percent intraday.

"The Memorandum of Understanding (MOU) provides for observerships and training courses for medical specialists, nurses, technicians and other health professionals from the Republic of Macedonia at various locations across the Apollo Hospitals network in India," Apollo Hospitals said in a statement.

It also establishes efforts to provide telemedicine, educational opportunities and training over the next five years for Macedonia, it added.

At 11:40 hours IST, the scrip of Apollo Hospitals Enterprises was quoting at Rs 1,374.90, up Rs 40.35, or 3.02 percent on the BSE.

(With inputs from PTI)


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