Geojit recommends buying Apollo Hospitals Enterprise with a target price of Rs 7059. Currently, Apollo Hospitals Enterprise is trading at Rs 6150.9.
Apollo Hospitals Enterprise Ltd., established in 1979, is a large company with a market cap of Rs 88,766.18 Crore, operating in the Hospitals & Allied Services sector. Its main revenue comes from healthcare services and other operating income as of 31-Mar-2022.
Financials
For the quarter ending 31-03-2024, Apollo Hospitals reported a total income of Rs 4972.00 Crore, which is a 1.92% increase from the previous quarter’s total income of Rs 4878.40 Crore, and a 15.13% increase from the same quarter last year’s total income of Rs 4318.55 Crore. The company’s net profit after tax for this quarter was Rs 249.80 Crore.
Promoter/FII Holdings
As of 31-Mar-2024, promoters hold 29.33% of the company’s shares, while Foreign Institutional Investors (FIIs) own 45.62% and Domestic Institutional Investors (DIIs) hold 19.55%.
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