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Apollo Hospitals Enterprise experienced a -3.32% stock decline on November 11, 2024, closing at Rs 7270.05, yet remains a 'Buy' according to MarketsMojo. Despite the dip, the stock is trading above its moving averages and has outperformed the sector and Sensex, indicating a positive outlook for investors.
Apollo Hospitals Enterprise reported a 62.64% year-over-year profit increase in Q2, with revenue rising 15.32%. The earnings per share reached ₹26.34, reflecting strong operational efficiency. Analysts remain optimistic, with 13 recommending a 'Buy' and 6 a 'Strong Buy' out of 24.
The Q2 earnings season for FY25 is underway, with major companies like Apollo Hospitals, Kansai Nerolac Paints, and Trident set to release their results. While many firms have reported, the overall corporate earnings scorecard has been weak, with only 62% meeting or exceeding profit expectations, particularly in the consumption sector. Notably, GAIL's earnings missed expectations due to lower gas trading margins, while Power Grid's profit remained flat year-on-year.
Apollo Hospitals reported a 63% increase in net profit to ₹379 crore for Q2FY25, driven by strong demand for healthcare services, with revenue rising 15% to ₹5,589 crore. The hospital chain's EBITDA grew 30% to ₹815.5 crore, and occupancy rates improved to 73%. Additionally, the digital health segment turned profitable, contributing to overall growth.
Stocks to watch include Titan, NTPC, Infosys, Dr Reddy’s Labs, GAIL, Mankind Pharma, and JK Tyre. On November 6, several companies will report quarterly earnings, including Tata Steel, Power Grid Corporation, Apollo Hospitals, and Jindal Steel & Power, among others.
New York's outbound medical tourism market is projected to reach USD 77.7 billion by 2024, growing at a CAGR of 25.3% through 2031. Patients are increasingly seeking affordable healthcare in countries like India and Thailand, driven by cost savings and advanced medical technologies. Digital transformation, including telemedicine and online booking platforms, is enhancing accessibility and convenience for younger travelers.
The Elective Healthcare Services Market report offers a comprehensive analysis of industry growth, competitor landscapes, and the impact of COVID-19, alongside regulatory dynamics. It highlights key players, market segmentation, and future trends, providing actionable insights for stakeholders to navigate the evolving landscape effectively. The research utilizes both primary and secondary sources to deliver a detailed overview of market opportunities and challenges.
The Elective Healthcare Services market is poised for significant growth from 2024 to 2032, driven by rising disposable incomes, health awareness, and technological advancements. This market encompasses non-emergency medical procedures, including cosmetic surgery and fertility treatments, with key players like Fortis Healthcare and Apollo Hospital leading the sector. Comprehensive analysis covers market dynamics, segmentation, and regional insights, providing a detailed outlook for stakeholders.
Apollo Hospitals Enterprise Limited
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Apollo Hospitals stock dips but remains a strong buy recommendation
09:00 11.11.2024
apollo hospitals reports 62 percent profit increase in q2 results
06:41 07.11.2024
quarterly earnings reports reveal mixed results across various sectors
United States Dollar
Indian Rupee
Havells India Limited
HCL Technologies Limited
Raymond
L&T
Apollo Hospitals Enterprise Limited
Dabur India Limited
Sonata Software Limited
Dr. Reddy's Laboratories Limited
HDFC Bank Limited
Bata India Limited
Bhel (BAP Unit) EPF Trust
Kansai Nerolac Paints Limited
Axis Bank Limited
PVR INOX Limited
Titan Company Limited
Gujarat Pipavav Port Limited
Adani Enterprises Limited
Bharti Airtel Limited
Nestlé India Limited
Piramal Pharma Limited
Marico Limited
Power Grid Corporation of India Limited
TeamLease Services Limited
Spencer's Retail Limited
Reliance Industries Limited
Exide Industries Limited
DR Reddy's Laboratoire Ltd.
Punjab National Bank
Tech Mahindra Limited
JK Lakshmi Cement Limited
GAIL (India) Limited
Berger Paints India Limited
TVS Motor Company Limited
Coal India Limited
HUL
Bajaj Auto Limited
Gujarat Gas Limited
Gland Pharma Limited
Trident Limited
Indian Railway Catering & Tourism Corporation Limited
Jindal Steel & Power Limited
Zomato Limited
Adani Wilmar Limited
Paytm Money Ltd.
Kirloskar Ferrous Industries Limited
Mankind Pharma Limited
Dhanuka Agritech Limited
Pricol Limited
Infosys Limited
KPI Green Energy Limited
Granules India Limited
Tata Consultancy Services Limited
Avalon Technologies Limited
Procter & Gamble Health Limited
Wipro Limited
Blue Star Limited
ITC Limited
IND
Donald Trump
Vir S Advani
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17:12 06.11.2024
Apollo Hospitals reports 63 percent profit surge driven by healthcare demand
11:42 06.11.2024
stocks to watch today titan ntpc infosys and quarterly earnings announcements
Power Grid Corporation of India Limited
Apollo Hospitals Enterprise Limited
Tata Steel Limited
Blue Star Limited
Jindal Steel & Power Limited
IND
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22:44 05.11.2024
north america's medical tourism market sees rapid growth towards affordable healthcare abroad
United States Dollar
KPJ Healthcare Berhad
Bumrungrad International Hospital
Christus Muguerza Hospital
Apollo Hospitals Enterprise Limited
CRI
MEX
THA
IND
WorldMed Assist
Bumrungrad International Hospital
Apollo Hospital Enterprise Limited
Christus Muguerza Hospital
KPJ Healthcare Berhad
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14:41 05.11.2024
elective healthcare services market poised for substantial growth through 2032
Tata Memorial Hospital
IHH Healthcare Berhad
Apollo Hospitals Enterprise Limited
Ramsay Generale de Sante
Fortis Healthcare Limited
Shanghai Redleaf International Women's & Children's Hospital
Tata Memorial Hospital
IHH Healthcare Berhad
Apollo Hospital
Fortis Healthcare
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11:54 30.10.2024
elective healthcare services market poised for significant growth through 2032
United States Dollar
Fortis Healthcare Limited
Fresenius Medical Care AG
Guizhou Ensure Chain Pharmacy Company Limited
Ramsay Generale de Sante
PillPack
Tata Memorial Hospital
Apollo Hospitals Enterprise Limited
Capio Ab (Publ)
IHH Healthcare Berhad
Luye Medical Group
Moorfields Eye Hospital
GBR
IND
FRA
USA
IHH Healthcare Berhad
Shanghai Redleaf International Women's & Children's Hospital
Apollo Hospital
Fortis Healthcare
Tata Memorial Hospital
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12:58 24.10.2024
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