Apollo Hospitals, Narayana scale 52-week high on Q2 results
1 year, 1 month ago

Apollo Hospitals, Narayana scale 52-week high on Q2 results

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Apollo Hospitals Enterprise Ltd, Narayana Hrudayalaya Ltd share price scaled 52-week highs on Friday while Fortis Healthcare, Max Healthcare Institute Limited, Global Health ltd are trading close to their highs seen recently. The ARPOB have seen good double-digit growth with the exception of Global Healthcare or Medanta that saw the new Hospital In Patna pulling down overall average ARPOB growth. In 2QFY24, Fortis, Apollo and Max Healthcare registered double-digit YoY ARPOB growth while Medanta ARPOB increased in mid-single digit. Another key aspect was that despite 2Q being seasonally ARPOB-dilutive quarter, ARPOBs have shown sequential flattish trends which implies that coming quarters will witness continued strong YoY ARPOB growth said analysts at Jefferies.

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Apollo Hospitals Enterprise Q2 Results Live: Profit Rises by 62.64% YoY
1 month, 2 weeks ago

Apollo Hospitals Enterprise Q2 Results Live: Profit Rises by 62.64% YoY

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Apollo Hospitals Enterprise Q2 Results Live : Apollo Hospitals Enterprise announced its Q2 results on 06 November 2024, showcasing a significant improvement in its financial performance. As of now, Apollo Hospitals Enterprise boasts a market capitalization of ₹100,190.6 crore, with a 52-week high of ₹7,316.95 and a low of ₹5,087.45. The consensus recommendation remains positive, indicating a strong outlook for …

Apollo Hospitals share price rises 6% to 1-year high as Q2 results beat Street expectations
1 month, 2 weeks ago

Apollo Hospitals share price rises 6% to 1-year high as Q2 results beat Street expectations

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Stock Market Today: Apollo Hospitals Enterprise share price gained more than 6% to its one-year high in the morning trade on Thursday, November 7. Apollo Hospitals Enterprise share price opened at ₹7,260 on the BSE on Thursday, over 4% higher than its previous close. Apollo Hospitals Enterprise share price gained further to intraday highs of ₹7,435.40, scaling its highest level …

Apollo Hospitals’ Q2 profits up 63% on volume, online business growth
1 month, 2 weeks ago

Apollo Hospitals’ Q2 profits up 63% on volume, online business growth

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Apollo Hospitals had a strong September quarter, with its consolidated net income growing 63% year-on-year to ₹379 crore, driven by volume growth in its healthcare services and a lessening of losses in HealthCo, its online pharmacy business. HealthCo, its omnichannel pharmacy business, which includes its online platform Apollo 24/7, also saw a robust growth of 17%. In HealthCo, the firm …

Apollo Hospitals Q2 Results: Net profit soars 63% to ₹379 crore on healthcare services demand, revenue up 15% YoY
1 month, 2 weeks ago

Apollo Hospitals Q2 Results: Net profit soars 63% to ₹379 crore on healthcare services demand, revenue up 15% YoY

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Apollo Hospitals Q2 Results: Apollo Hospitals announced its July-September quarter results for fiscal 2024-25 on Wednesday, November 6, reporting a surge of 63 per cent in consolidated net profit to ₹379 crore, driven by higher demand for its healthcare services, compared to ₹233 crore in the corresponding period last year. The Chennai-based hospital chain operator's revenue from operations in the …

Apollo Hospitals- Apollo HealthCo business to breakeven by Q4FY24 says CFO
1 year, 1 month ago

Apollo Hospitals- Apollo HealthCo business to breakeven by Q4FY24 says CFO

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Q2 result: Apollo Hospitals Enterprise that reported performance for the quarter ending September, also announced its expansion plans. Apollo Hospitals Enterprise announced a 250-bed new hospital in Pune at an overall cost of ₹675 crores. Meanwhile, Apollo reported a 14% YoY rise in its net profit to ₹233 crore during the September quarter of the current financial year. The new …

Stock picks: Apollo, Fortis, Rainbow Children’s among top hospital stocks to buy
1 year, 2 months ago

Stock picks: Apollo, Fortis, Rainbow Children’s among top hospital stocks to buy

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Global brokerage, JP Morgan's top picks in the Indian Hospital space are Apollo Hospitals, Fortis Healthcare, and Rainbow Children’s Medicare following JP Morgan India Investor Summit 2023. JP Morgan hosted the management teams of Apollo Hospitals, Max Healthcare and Rainbow Children’s Medicare. Due to capacity expansion and the impact of the delayed monsoons on admissions, Rainbow Children’s Medicare's occupancy is …

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