Buy Apollo Hospitals Enter. L, target price Rs 7370: Kotak Securities

Kotak Securities recommends buying Apollo Hospitals Enterprise at the current market price of Rs 7248. The brokerage firm has a target price of Rs 7370 for the stock, indicating an upside potential of around 1.7%. Kotak Securities is bullish on Apollo Hospitals due to its strong presence in the healthcare sector, growing market share, and improving financial performance. The company's recent focus on digital transformation and expansion into new markets is also seen as a positive factor by the brokerage firm.

About Apollo Hospitals Enter. L:

Apollo Hospitals Enterprise Limited (Apollo Hospitals) is a leading healthcare services provider in Asia. It operates a network of 71 hospitals, 1,592 pharmacies, over 100 primary care and diagnostic clinics, and 30 telehealth units across 15 countries. The company offers the entire range of healthcare services, from preventive care to complex surgeries and critical care. Apollo Hospitals is listed on the National Stock Exchange of India (NSE) and its headquarters are in Chennai, India.

52 Week Price Trend:

Apollo Hospitals Enterprise Ltd. (NSE: APOLLOHOSP) is a healthcare services provider with a strong presence in India. As of today, the company's CMP stands at Rs 7248, reflecting a 3.92% decline from its 52-week high of Rs 7545.1. However, the stock has witnessed a significant upside of 37.12% compared to its 52-week low of Rs 5284.85. This indicates a steady recovery trend and potential for further growth. Investors may consider monitoring the company's financial performance and industry developments to assess its long-term prospects.

Stratzy's MOST Analysis:

Based on Stratzy's MOST framework, APOLLOHOSP has been rated AAA, indicating the highest level of fundamental strength. This rating is attributed to the company's strong management capabilities, positive outlook for the industry, robust safety measures, and upward growth trend. The AAA rating signifies that APOLLOHOSP poses low fundamental risks and is expected to maintain a stable financial performance in the long term.

Company's Fundamentals:

Apollo Hospitals Enterprise Limited (APOLLOHOSP on NSE) is currently trading at a Stock PE ratio of 89.21, which indicates that investors are willing to pay 89.21 times the company's earnings per share. The PB ratio of 14.07 suggests that investors are valuing the company at 14.07 times its book value. The low Dividend Yield of 0.22% implies that the company is not distributing a significant portion of its profits as dividends to shareholders. These metrics provide insights into the company's valuation, profitability, and dividend payout policy, helping investors make informed decisions.

Fundamental and Technical information provided in this blog were last updated on 13 Dec, 2024

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