MULTIBAGGER STOCK: Over 360% return in 5 years! Do you own This STOCK?

Shares of Apollo Hospitals Enterprise Limited have delivered over 360 per cent return in the last 5 years and around 100 per cent return in the last two years

Multibagger Stock

Recently, Apollo Hospitals Enterprise Limited reported an 18 per cent drop in its net profit to Rs 204 crore for the quarter ended September 2022. Revenue surged 14 per cent to Rs 4,251 crore as against Rs 4,080 crore in the same period last year

September Quarter Results

Prabhudas Lilladher believes that the company has created a solid growth platform across segments. It added that the company has a good presence in an offline format, making it more of a formidable player than just pure-play online companies

Brokerages Bullish On Apollo Hospitals Stock

Prabhudas Lilladher has a 'Buy' rating on the Apollo Hospitals stock with a target price of Rs 5,400, suggesting an upside of 18 per cent 

'Buy' Rating,
Target Price

Kotak Institutional Equities stated that unlike most of its peers, the company has a lesser need for significant capex over the next few years. It maintained a 'Buy' rating on the Apollo Hospitals stock with a target price of Rs 5,470

Preferred Pick In
The Hospital Space

Apollo Hospitals Enterprise Limited Stock Price

Shares of Apollo Hospitals Enterprise Limited ended 1 per cent higher at Rs 4,609.60 on BSE on November 15

The Apollo Hospitals Enterprise Limited stock hit a 52-week high of Rs 5,930.70 on November 26, 2021, and a 52-week low of Rs 3,365.90 on May 26, 2022

Performance on
D-Street

Stock mentioned in the story
is for information purpose only. Investors or market participants should consult their financial advisors before taking any position

Disclaimer

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