India's Apollo Hospitals climbs; analysts positive on growth prospects post Q4 results

Apollo Hospitals Enterprise

02/06/2025 09:45

** Shares of Apollo Hospitals Enterprise APLH.NS gain 1.1% to 6,953.5 rupees

** Hospital chain operator beat quarterly profit estimates on Friday due to strong demand

** Co expects 150 basis points margin expansion in existing units in FY26; analysts at Citi expect this to offset the impact of losses from newer units

**  Analysts at UBS said re-rating on APLH stock is likely due; expect co's plan to add 4,300 beds over next 3-4 years as a key revenue driver

** Stock rated "buy" on avg, median PT at 8,058 rupees - data compiled by LSEG

** APLH on track to snap four straight sessions of losses

** Stock down 4.7% YTD vs 4.5% gains in benchmark Nifty 50 index .NSEI

(Reporting by Manvi Pant in Bengaluru)

((Manvi.Pant@thomsonreuters.com; +918447554364;))