Apollo Hospitals Enterprise Ltd

CMP: 495

Apollo Hospitals Enterprise Limited owns and operates hospitals in India. The Company also runs a 24-hour pharmacy network via over 120 outlets across India. Apollo Hospitals also runs clinics and offer managed care and family health plans. The Company has a variety of locations in Chennai, Hyderabad, Delhi, Dubai, Vizag, Bilaspur and Chengannur.

Apollo is an excellent buy in mid-cap space. P/E is on the higher side at 33 and so are its peers. Decent dividend yields of 0.76% in the last 12 months. Manageable liability. Revenues have grown steadily from 707 Crores to 2,331 Crores in the last 5 years. Profits have grown in similar lines from 60 Crores to 181 Crores in the same period. NPM has been steady at 8%. Buy and hold for long term gains.

[Apollo Hospitals Enterprise Ltd.] Q2 net profit up by 13%.

The stock was trading at Rs537.05, up by 0.85%

Apollo is a market leader in healthcare hospitals and its a strong performance from them