Apollo Hospitals News

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Several brokerage firms provided ratings on notable companies. CLSA rated Reliance as Outperform with a Rs 3,300 target. Nomura downgraded Apollo Hospitals to Neutral, targeting Rs 6,856. Citi maintained a Sell rating on Zydus Life with a Rs 890 target. BofA issued a Buy rating on L&T at Rs 4,043, anticipating margin expansion.

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An Air India flight from Mumbai to Thiruvananthapuram faced a bomb threat, leading to a full emergency at the airport and evacuation of 135 passengers. Similar threats recently targeted a Vistara flight and various hospitals and malls in Delhi-NCR, all of which were confirmed hoaxes after thorough checks.

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India's Economic Survey 2023-24 warned that increasing obesity rates could hinder the country's economic potential. Experts urged the government to promote healthier lifestyles through better diet, physical activity, and monitoring of health parameters. Emphasizing waist circumference and BMI, they suggested that addressing obesity is crucial to reaping India's demographic dividend.

Data from the past 10 years shows that stocks removed from the Nifty 50 index often perform better than those newly added. Of the 28 excluded stocks analyzed, 17 outperformed their replacements. Research indicates that stocks removed from indices might experience initial drops but generally recover and outperform in the long term.

Nifty achieved a 4% YoY growth in profit after tax (PAT), exceeding Motilal Oswal's 3% estimate, though it's the slowest growth since the pandemic quarter of 2020. Key contributors to this growth were HDFC Bank, Tata Motors, ICICI Bank, Maruti Suzuki, and Tata Consultancy Services (TCS), which together accounted for 127% of the incremental YoY earnings.

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Apollo Hospitals Share Price: Apollo Hospitals' stock saw a 4.2% increase after reporting a Q1 FY25 net profit of Rs 305 crore, up from Rs 167 crore last year. Revenue grew by 15% to Rs 5,086 crore. Several brokerage firms maintained positive ratings, highlighting improvements in occupancy and revenue segments.

The NSE Nifty index was trading 4.96 points down at 24134.05

Top brokerage firms shared their latest stock ratings: JP Morgan recommended Hindalco and Apollo Hospitals, highlighting robust expansions and increased occupancy rates. Goldman Sachs suggested selling Hero Motocorp due to revenue shortfalls. Jefferies and Investec advised buying Max Financial and Nykaa, seeing growth potential. Detailed analysis and future projections backed these recommendations.

On Tuesday, the Sensex dropped nearly 700 points, extending the market's losses. Key stocks such as Hero MotoCorp, Hindalco, Apollo Hospitals, and Vedanta were in focus due to new developments and quarterly results. Hero MotoCorp and Apollo Hospitals reported strong profit growth, while IRCTC and Nykaa also showed impressive gains.

Further to our earlier communication, inadvertently, the segment report on consolidated financials was not enclosed. pl. find attached financial results with segment report and also limited review report with UDIN details issued by auditors

The healthcare services business (hospital business) revenue grew 15% YoY to Rs 2,637 crore in Q1FY25. The EBITDA margins stood at 23.57%.

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Apollo Hospitals Q1 Results: Leading hospital chain Apollo Hospitals reported 83% growth in its consolidated net profit at Rs 305 crore for the first quarter ended June 2024. It was Rs 167 crore in the year-ago period.

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Jindal Stainless on Monday said it will manufacture customised stainless steel and speciality low-alloy steel sheets for defence projects of BrahMos Aerospace.

Several widely followed companies, including Vodafone Idea, Hindustan Aeronautics (HAL), Mazagon Dock, Hero MotoCorp, IRFC, IRCTC, HUDCO, Apollo Hospitals, Samvardhana Motherson, GMR Airports Infrastructure, Nykaa, and Ola Electric will be releasing their June quarter report cards this week. Here’s the list:

While there are no fresh allegations against the Adani Group, the shares of which recouped losses made in the aftermath of the Hindenburg crisis, the new report may impact investor sentiments.

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Mirae Asset ELSS Tax Saver Fund: This fund retains the essence of its larger siblings—Mirae Asset Large Cap and Mirae Asset Large and Mid Cap—with emphasis on quality of earnings. The fund tends to give more weight to large caps compared to mid-cap ideas from the same funds. The fund portfolio size has expanded and it has pared back some of its larger positions. Should you invest?

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APOLLO HOSPITALS ENTERPRISE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2024 ,inter alia, to consider and approve As per annexure enclosed

APOLLO HOSPITALS ENTERPRISE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/08/2024 ,inter alia, to consider and approve As per annexure enclosed

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